The Effects of Loadshedding on Small and Medium South African Enterprises Using Statistical Analysis
Year: 2024
Type: article
Abstract: : Load shedding is now occurring in South Africa due to power outages. One of the most important issues facing the nation is still load shedding, which has a negative impact on daily business operations and forced some small enterprises to close. Numerous companies were impacted by the power irregularity issue. This was the beginning of the end for a number of enterprises. To stay afloat, several businesses were forced to close or cut back on staff and inventory. Despite warnings about the frequency of load shedding, some businesses were nevertheless severely impacted since they could not afford other options. The decline in South Africa's economy had an impact on these firms. Because of their low turnover, load shedding created a hostile work climate for a number of enterprises, which in turn led to dissatisfied employers. Since big franchises are having trouble, micro, small, and medium sized businesses are having much greater trouble. Thus, comprehending the perceived psychological, social, and economic effects of load shedding on workers at particular small, medium, and micro businesses in South Africa was the main goal of the study.
Authors: Keeletse Katlego Kepadisa, Gan Yin
Institution: Zhejiang University of Science and Technology
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4403298733