CEOs from South Africa’s biggest retailers slam government’s ‘half-job’ load shedding relief

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CEOs from South Africa’s biggest retailers slam government’s ‘half-job’ load shedding relief
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South Africa's biggest retailers slam government's 'half-job' load shedding relief

The CEOs of South Africa’s three largest food and grocery retailers are disappointed that the government has not extended the diesel fuel levy refund to food retailers.

“To ease the impact of the electricity crisis on food prices, the refund on the Road Accident Fund levy for diesel used in the manufacturing process, such as for generators, will be extended to manufacturers of foodstuffs. This takes effect from 1 April 2023 for two years,” the minister said. It further added that on top of load shedding, knock-on effects regarding maintenance costs, generator repair costs and expenses relating to food waste are hampering the company.

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