Food producer was able to raise prices of tea and biscuits, but not fish
CEO of food producer and manufacturer AVI says the full costs of load-shedding suffered by manufacturers have yet to be reflected in the prices of food.
Simon Crutchley was speaking during the half-year to end-December results presentation of AVI, whose brands include Bakers, Five Roses, Rimmel, Willards, Green Cross and Spitz shoes. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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