SA's largest food producer, Tiger Brands, is ramping up water storage capacity at most of its manufacturing sites as interruptions become increasingly common due to relentless load shedding.
CEO Noel Doyle told News24 this week that water supply was an"emerging issue" due to consistent power interruptions. As a result, Tiger Brands was undertaking work to increase on-site water storage capacity to mitigate the adverse effect of load shedding on municipal water supply at 38 out of its 41 sites, with key projects at 10 sites. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
_Business Loadsheddings of CyrilRamaphosa are forcing companies to run at a loss.
_Business But the tiger is gone 🤧
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Maverick: Credit Suisse Seeks Circuit Breaker With $54 Billion LineCredit Suisse Group AG sought to arrest a collapse in investor confidence Thursday by opening a 50 billion Swiss franc ($54 billion) credit line with the country’s central bank and offering to buy back debt, as executives and government officials plot the next steps for the troubled lender.
Source: dailymaverick - 🏆 3. / 84 Read more »
As WeBuyCars owner crashes almost 70%, company defends CEO's R50m share sale in Dec | BusinessSA's biggest taxi financier Transaction Capital, whose shares have more than halved over the past week, says a hefty share sale by a trust associated with CEO David Hurwitz was required by lenders, while it took place in an allowed period.
Source: News24 - 🏆 4. / 80 Read more »
SA firms see inflation quickening before rate decision | BusinessSouth African inflation expectations rose at the start of 2023, suggesting the central bank may keep interest rates higher for longer. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »
Competitive Eating Is Serious Business – You Might Wanna Get Some...Competitive eating, or speed eating, is an activity in which participants compete against each other to eat large quantities of food. Sound like Christmas lunch in Afrikaner households.
Source: 2oceansvibe - 🏆 43. / 51 Read more »
Business Maverick: What Would Happen if South Africa’s Electricity Grid CollapsedWith South Africa enduring record power outages, the government has given assurances that the electricity grid won’t be allowed to collapse. Yet increasing numbers of businesses are preparing for that very eventuality.
Source: dailymaverick - 🏆 3. / 84 Read more »
Glencore is the cheapest copper business, says CEOGary Nagle says the company has a huge stockpile amid shortage of critical minerals
Source: BDliveSA - 🏆 12. / 63 Read more »