South Africa’s state-owned power utility has implemented power cuts on 100 days in 2022, with more to come. Eskom Holdings SOC Ltd. ramped up outages to so-called stage-4 load shedding, where it removes 4,000 megawatts from the grid, on Tuesday after three generation units at its Kendal coal-fired station about 100 kilometers (62 miles) east of Johannesburg tripped. The utility expects to reduce this to 2,000 megawatts from Thursday until the end of the week. That will bring the total days of outages in the third quarter to 40, Bloomberg calculations show. Eskom is struggling to meet electricity demand because its old and poorly maintained power stations continually break down. The energy shortages are weighing on business confidence and output, and contributed to a 0.7% quarter-on-quarter contraction in the economy in the three months through June. President Cyril Ramaphosa announced steps in July to encourage private power generation to […]