NDUMISO NDEBELE: Twin blow of rocketing costs and falling sales hit retailers due to blackouts

All retailers require electricity to operate their businesses, mostly for lighting but also for payment systems. As food retailers also need to power refrigeration units or face stock losses during load-shedding, they have had backup power for some time.

However, this comes at a price. Shoprite revealed last year that it was spending R100m a month on diesel to keep powering its stores countrywide...If you have already registered or subscribed, please sign in to continue.

Source: Digital Coin News (digitalcoinnews.net)

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