An Investigation of The Effects of Load Shedding on the Performance of Small Scale Businesses-A Case of Lusaka Markets

Background: The aim of the research was to establish the effects of load shedding on small scale businesses in terms of productivity and profitability in Lusaka markets, it sought to explore other alternative sources of energy that can be used to mitigate the situation. Ultimately, the goal of the study was to integrate risk management techniques in the use of other alternative energy sources. The study mainly based on the Keynesian theory which offers useful insight to the understanding of the effect of government intervention in term of regulating the supply of electricity to the SMEs. Methodology: The research utilized a mixed methods approach. In-depth interviews were conducted and questionnaires were administered to small scale business owners in Lusaka markets. Descriptive statistics were employed to analyze data for the study. Findings: The research findings disclosed that load shedding negatively affects the performance of small scale businesses through productivity and profitability. Furthermore, it was discovered that the only cheaper alternative energy sources that marketers are aware of is solar energy and the use of inverters. Despite their awareness, the results had shown that the business men and women face challenges in raising finance to effectively use them. Besides this, they lack knowledge of the other sources of energy that generate power. Additionally, it was found that there are risks that are associated with the use of alternative energy sources and political and social risks were ranked the highest.