Regardless of who is to blame for the current electricity crisis, we have to deal with the reality that South Africa has a power crisis. Currently the tropical storm that hit Mozambique has removed a large amount of our supply from the national grid, and with an aging power production system we are likely to see these problems several times over the next few years. So it’s not a bad idea to prepare for it.
As Forex traders we can really struggle with power outages. Not only losing out on potential trades, but not being able to manage existing trades. So we can’t close a trade at the right profit point or even worse, we cannot stop a losing trade early enough.