South Africa
In South Africa, where Africa is the largest industrialized country and many Japanese companies operate, state-owned power companies are dysfunctional due to widespread corruption, and power outages are widespread. In Johannesburg, the largest city, chaos is widespread as opposition parties conduct large-scale demonstrations in protest of blackouts.
South Africa's state-owned power company, Escom, supplies almost all of the country's electricity, but corruption continues as the ruling ANC (African Ethnic Congress) continues its long-term administration, resulting in a debt of 3 trillion yen in Japanese yen. Swelling.
As a result, there has been a shortage of funds for repair and maintenance of facilities, and since December last year, unprecedented large-scale power outages have occurred frequently in various places.
In the largest city of Johannesburg, radical left-wing opposition parties protested on the 28th, with increasing public and business dissatisfaction, and thousands joined to demand the resignation of President Ramaposa and cabinet ministers of state-owned enterprises. Was.
Demonstrators rushed in front of Eskom's headquarters building, but the nearby traffic lights had disappeared due to a power outage.
In South Africa, state-owned airlines are similarly stalled by corruption, but power is privatizing the nation's core industries as the government pays taxes to rescue these state-owned enterprises. It is even referred to as "state capture", which means "embassy of the nation."
In this situation, the debt has increased, and confusion has spread, with the economic growth rate forecast by the government remaining at 0.9%.