ARB Holdings braces for economic weakness in SA
Covid-19 hit the group’s revenue in its year to end-June and a recovery to pre-pandemic activity may take years
21 August 2020 - 08:41
UPDATED 21 August 2020 - 15:50
Electrical wholesaler and lighting group ARB Holdings has warned it may take two or three years for SA to recover from Covid-19, with profits in its year to end-June falling more than a third as the pandemic disrupted trading
Uncertainty persists, said CEO Billy Neasham, particularly with regard to government stimulus plans, which may include infrastructure projects...
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