Another CEO joins the chorus of warnings for South Africa

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Another CEO joins the chorus of warnings for South Africa
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Pick n Pay’s chairman has raised concern over food shortages in the country.

CEOs in the retail and agriculture industries have raised concerns over load shedding, which could lead to less food on store shelves across the country.

Possible food shortages may be on the horizon, which could lead to cases of social unrest and possible store closures – if rolling blackouts increase further in intensity and severity. “I feel compelled to caution that the entire food industry is under existential threat,” the chairman said. Van der Rheede said that the short-lived national state of disaster for the electricity crisis had allowed the government to exempt certain products from load shedding to protect the supply chain, but nothing was done.

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