Full costs of load-shedding in food still to be fed through, says AVI
Food producer was able to raise prices of tea and biscuits, but not fish
06 March 2023 - 12:09
UPDATED 06 March 2023 - 20:04
CEO of food producer and manufacturer AVI says the full costs of load-shedding suffered by manufacturers have yet to be reflected in the prices of food.
Simon Crutchley was speaking during the half-year to end-December results presentation of AVI, whose brands include Bakers, Five Roses, Rimmel, Willards, Green Cross and Spitz shoes. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.