News Formal

'Big losses' for manufacturing industry amid load shedding

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

CAPE TOWN - Trade and Industry Minister Rob Davies says load shedding is having a negative impact on the manufacturing industry and future investments, but that government is working on the issues.

Davies was speaking on Monday at an announcement of a R12 million investment in TV manufacturing in the area of Atlantis by Hisense electronics company.

— EWN Reporter March 18, 2019 In a perfectly timed moment of irony, the lights went out during the minister’s visit.At the factory in Atlantis, more than 3,800 appliances are manufactured daily. However, when load shedding occurs, the machines are switched off and production stops. Staff members put down their tools and get redirected to training.

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:

 /  🏆 30. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investec wins big at investment conference in Cape TownThe banking and asset management group beat off a number of major local and global houses in landing four accolades.
Source: TheCitizen_News - 🏆 6. / 75 Read more »