24 July 2023 - 10:55The manufacturing sector has been one of the hardest hit in recent years as it struggles to address a multitude of challenges including the persistent power crisis, disrupted global supply chains, inflation, rising fuel and energy prices and logistics.
Most manufacturing businesses have tried to work around load-shedding, but anything above level 4 is crippling for many businesses, he says. “If manufacturers are constantly not able to meet production outputs, this could lead to disinvestment in the country and severe impact on the economy.” Singh says many local manufacturers remain reliant on local and global supply chains and efficient road networks and ports. “SA’s largely non-functioning rail network means that more freight is being transported by road, which is expensive. Add to this clogged and inefficient ports, and it’s clear that logistics has become an obstacle. The more expensive it is to transport goods — and the longer it takes — the less competitive an economy becomes.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Nedbank's specialists offer tailor-made business solutionsSPONSORED | Nedbank is a trusted partner to its business clients as it helps them navigate load-shedding and other challenging economic conditions.
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »
Nedbank's specialists offer tailor-made business solutionsSPONSORED | Nedbank is a trusted partner to its business clients as it helps them navigate load-shedding and other challenging economic conditions.
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »