Diversified industrial multinational Barloworld says it has sufficient funding facilities to run its Russian operations, despite payments from customers affected via the Russian central bank system that’s been harmed by crushing sanctions by the West over the invasion of Ukraine.

Russia has been hit with severe disruptions to its exports of all commodities, from oil to grains, after Western nations imposed stiff sanctions on Moscow that have sent the rouble tumbling to record lows in previous days...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.