Emira CEO Geoff Jennett says diversification is vital in challenging times
Higher interest rates and increased load-shedding have ramped up the cost of doing business in SA
07 June 2023 - 17:50
Emira Property Fund, which owns a diversified property portfolio in SA and the US, says the ailing economy, coupled with rising interest rates and load-shedding, has had a severe affect on doing business in SA.
CEO Geoff Jennett said on Wednesday the cost of diesel to power generators would continue to squeeze tenants’ profitability and increase property owners’ running costs to keep the lights on...
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