As McDonald’s Tackles S. Africa Blackouts, Archie’s Doing Fine
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There are few things better for business at Archie Milicevic’s shop than a power blackout.
His store named Yugo, in Linden suburb in South Africa’s biggest city, stocks candles, candlestick holders and kerosene lamps and is attracting as many as three times more customers since state-owned utility Eskom Holdings SOC Ltd. started regular, scheduled power cuts, known as load-shedding, more than six months ago. The first prolonged outages since 2008 are prompting companies including McDonald’s Corp. and Vodacom Group Ltd. to invest in generators for electricity.