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South Africa heading for another disaster | SA News

Malcolm Libera
 ·3 Jan 2026

South Africa is heading for disaster if urgent action is not taken to rescue its ailing industrial sector, warns mining expert Peter Major. 

Major explained that smelters in South Africa heavily depend on electricity, and the price increases have made them uncompetitive.

He added that despite a deal two years ago in which Eskom cut electricity prices for smelters by 40%, the Boershoek and Vonnekop smelters were still on the brink of closure. 

“Earlier this week, there were negotiations with Eskom where they’ve given it a stay…

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