Load Shedding Threatens Zambia’s Economy And General Welfare of Citizens
Abstract
The commencement of a four-hour daily load shedding is increasing anxiety among many stakeholders and citizens following their experience of massive load shedding in 2015. Load shedding will threaten the growth of Zambia's economy and the general welfare of citizens. The consequences of reduced output in various sectors such as mining, manufacturing and the informal sector will be lay-off of workers, loss of income among families, reduction in government revenue to be collected and reduced foreign exchange.
Description
Many economic activities run on the basis of electricity. This statement shows how long hours of load shedding will negatively impact the growth of the economy, from loss of jobs to Increased prices on most basic imported commodities.