Cost of power cuts might quadruple, says Distell
Direct cost of load-shedding was R12.5m for SA’s largest alcohol producer, according to the company’s latest results
23 February 2023 - 09:34
Distell has warned that the direct cost of load-shedding for SA’s largest alcohol producer might quadruple as there appears to be no light at the end of the tunnel for SA’s power crisis and the troubles plaguing state-owned power utility Eskom.
The direct costs of the power cuts was R12.5m and is “anticipated to nearly quadruple should the current stage of load-shedding in SA continue”, the company said...
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.