Sunday Tribune

Load shedding battering JSE-listed firms’ bottom line

SA Inc

COMPANIES are being pummelled by the costs they are incurring amid power outages. Some have been forced to lower their growth outlooks.

A slowing economy means consumers have less money to spend and businesses have fewer sales.

JSE-listed company financial statements and trading updates reflect the millions and billions spent on diesel, hiking their costs, as firms lose thousands of hours, and counting.

Nedbank noted said the economy enjoyed only two days without load shedding in the

You’re reading a preview, subscribe to read more.

More from Sunday Tribune

Sunday Tribune4 min read
School Excursions-linked Deaths Worry Parents
PARENTS and communities cannot live in constant fear for the lives of the children they entrust into the hands of their teachers, no matter where, when and how. This is because they hold the trust of the nation to safeguard this precious national res
Sunday Tribune2 min read
Nation Pays Homage To Army Chief Killed In Crash
With a 19-gun salute and a religious ceremony, Kenya paid a military tribute yesterday to its army chief who died in a helicopter accident this week. Kenyan President William Ruto, along with Deputy President Rigathi Gachagua and opposition leader Ra
Sunday Tribune2 min readDiet & Nutrition
Lifestyle Change Your Diet And Fight Liver Disease, Say Doctors
Cases of fatty liver, attributed primarily to sedentary lifestyles and increased social drinking habits, have escalated dramatically in recent times, with approximately one in every five individuals now being diagnosed with this condition, say doctor

Related