Food prices will continue to rise as they have not yet increased enough to cover the costs of load-shedding, according to several reports by various listed food companies.
The use of diesel and generators adds 25c per litre of milk produced, said Lancewood CEO Cornel Lodewyks, speaking at the release of food holding company Libstar’s annual results last week. Lancewood is Libstar’s largest operating division...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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