18 January 2021 - 05:10Consol Glass is spending R8m a day to keep furnaces and production running even as orders for wine and beer bottles dry up, because it cannot stop furnaces.
It has warned of job cuts and further divestment as the third liquor ban continues during the Covid-19 health crisis.PremiumA subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
jsteenhuisen Believing in your dreams and working towards your goals is one of the best thing in life , stay focused and earn with Tonyfred42
jsteenhuisen I’m back with smile on my face again thanks to marksust7 I don’t know what to say I was skeptical but I am proud to let the world know that you’re the reason behind my successful trades life!!🙏🙏🙏🙏 God bless you for your good work
Read and weep Ramaphoza and kiss your taxes goodbye! Like you the government have no money so do we as hard working SANS echo......SORRY NO MONEY SO NO TAXES
jsteenhuisen Gatvol with bans! Lost jobs and revenue!!!
jsteenhuisen Tax money that the government obviously doesn't need...I am sorry that people are losing their jobs too...oh more tax money that government doesn't need
jsteenhuisen Consol must stop irritating us most companies are affected by this Covid, they must relax.
They must end the ban NOW or else more lives will be on the line. The effects of the lockdown will be worse than COVID VoetsekANC VoetsekRamaPhosa
marinavanzyl Consol should diversify into healthcare, huge demand for PPE, sanitizers and oxygen
People are dying and you are worried about is profit loss? Mnxm!
Why don't you stop moaning and bitching!! Taxis, who don't even pay taxes, got their way!! What's wrong with you lot. Grow a pair, get a backbone and stand up!!!! FFS!!! 😡
CandiceLeeKan Destruction is what SA Government does best . Go underground sell from the boot.
Where all know where the problems lie?
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Consol pours R8m down the drain every day because of liquor banThe company, which has warned of job cuts and further divestment, cannot stop its furnaces as the third liquor ban brings chaos Tjoo haikona even a bottle is hit now. It's crazy. We simply cannot afford to lose so much jobs ! 😣😭 Why not export at discount?
Source: BDliveSA - 🏆 12. / 63 Read more »
South Africa's glass packagers face $100 mln hit from alcohol ban - ConsolSouth Africa's glass packaging industry could lose a further 1.5 billion rand ($98 million) in sales if the latest ban on alcohol sales continues for long, the CEO of glass bottle maker Consol said on Monday. Good I just think of the people losing their jobs. But government couldn't give a damn!! 𝐘𝐞𝐬 𝐢 𝐭𝐫𝐮𝐬𝐭𝐞𝐝 𝐭𝐡𝐞 𝐩𝐫𝐨𝐜𝐞𝐬𝐬 𝐚𝐧𝐝 𝐢 𝐰𝐚𝐬 𝐚𝐛𝐥𝐞 𝐭𝐨 𝐞𝐚𝐫𝐧 ZAR30,000 𝐟𝐫𝐨𝐦 𝐦𝐲 ZAR50,000 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐭𝐡𝐚𝐧𝐤𝐬 𝐭𝐨 𝐌r Dennis 𝐟𝐨𝐫 𝐡𝐞𝐥𝐩𝐢𝐧𝐠 𝐦𝐞 𝐭𝐫𝐚𝐝𝐞 𝐟𝐨𝐫𝐞𝐱/𝐨𝐩𝐭𝐢𝐨𝐧𝐬 with good platform Dm now DennisWillam77
Source: SowetanLIVE - 🏆 13. / 63 Read more »
SA's glass packagers face R1.5bn hit from alcohol ban — ConsolSA's glass packaging industry could lose a further R1.5bn in sales if the latest ban on alcohol sales continues for long, the CEO of glass bottle maker Consol said on Monday. It is terrible. And government doesn't give a damn!! If you destroy a free market you create a black market. If you have 10,000 regulations you destroy all respect for the law. - WC
Source: TimesLIVE - 🏆 28. / 59 Read more »
Prasa paid R8m ’handling fee’ for ANC’s R80m mystery donationTHE commission of inquiry into state capture has heard that the Passenger Rail Agency of SA (Prasa) may have paid a middleman an R8 million handling fee to facilitate an R80m donation to the ANC This is really bad journalism, sensationalist at best. The entire story is based on allegations that cast serious aspersions on the ANC and only later in the story do we read that the alleged donation never reached the ANC.
Source: IOL - 🏆 46. / 51 Read more »
Ace Magashule’s former driver gets 15 years in jail for stealing R8m paintingAce Magashule’s former driver, Ricardo Mettler gets 15 years in jail for stealing R8m painting Couldn't this headline only be about Ricardo Mettler, without involving Ace Magashule? How does the ruling party SG feature here? Magashule is next. The law bites.
Source: TimesLIVE - 🏆 28. / 59 Read more »