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Even for a nation hit by rolling blackouts since 2008, the more prolonged power outages that have dogged South Africa for months on end have been hard to endure. The problem: Eskom Holdings SOC Ltd., the debt-stricken state utility that supplies more than 90% of the nation’s electricity, can’t keep pace with demand from its old and poorly maintained plants. With the governing party in danger of losing its majority in 2024 elections, President Cyril Ramaphosa has declared a national “state of dis