Lights Out, Profits Down: Estimating the Economic Impact of Load Shedding on MTN

South Africa’s second-largest mobile network, MTN, has revealed that load-shedding cost the company R695 million in 2022. MTN Group’s annual results showed that the national grid’s power availability worsened in the second half of the year, negatively impacting MTN’s operating conditions. The company estimates that the load-shedding’s overall impact resulted in a negative impact of […]