2023 Economic year wrap according to SA’s Consumer Goods Council
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GUEST - Zinhle Tyikwe – CEO of Consumer Goods Council of South Africa
South African manufacturers and retailers of food and other essential products warned on Wednesday that consumers will face much higher prices unless the government urgently finds solutions to the power cuts that are crippling the economy.
Food, consumer goods companies and retailers in South Africa are cranking up diesel generators and spending more on backup power supplies, adding to the pressure from soaring costs for raw materials, transportation and packaging.
South African manufacturers and retailers of food and other essential products warned on Wednesday that consumers will face much higher prices unless the government urgently finds solutions to the power cuts that are crippling the economy.
Food, consumer goods companies and retailers in South Africa are cranking up diesel generators and spending more on backup power supplies, adding to the pressure from soaring costs for raw materials, transportation and packaging.
