Berry industry losing R134m a week in exports as Transnet strike continues

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 59%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The Transnet strike is costing South Africa's berry industry R134m a week in exports and putting thousands of jobs at risk, says BerriesZA.

The Transnet strike is costing South Africa's berry industry R134m a week in exports and putting thousands of jobs at risk.

More than 80 containers of berries destined for European markets are languishing in ports, it said. “Even if a solution is found in the next day or two, the backlog in the berry value chain will take weeks to clear, resulting in hundreds of millions of rand in further losses for the sector. The industry body said despite Transnet indicating it would put contingency plans in place to ensure critical goods are exported during the strike, this has not materialised.

“As the Durban Chamber of Commerce estimates the daily cost of the strike at R1bn a day, it is clear that the country must reconsider the Transnet monopoly on port operations.

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:

 /  🏆 28. in SG
 

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

SouthAfricansP1 So what's so difficult with paying employees what they deserve

Ok

Put the berries on the local market and cut some of the losses!

So, in a month, it's clocking R536m? Xolo andifundanga. Khanicacise?

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Berry industry losing R134m a week in exports as Transnet strike continuesThe Transnet strike is costing South Africa's berry industry R134m a week in exports and putting thousands of jobs at risk, says BerriesZA.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

SA’s berry industry is losing R134 million each week of the Transnet strike | BusinessinsiderEighty containers of berries destined for European markets remain stuck at the ports.
Source: BISouthAfrica - 🏆 34. / 51 Read more »