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One month up, one month down

Published: 18th Sep 2023

Author: By Alan Shadbolt; member; Castaway Components cc

Cape Town, W. Cape, SA - Business has been down about 20% this year. Sales have been erratic all year with one fair month followed by a bad month. High raw material costs, load shedding and high diesel costs (for generator) are making it impossible to make a profit. We are finding sales down across all our product ranges, I think it is just a lack of disposable income among consumers. Things are picking up towards year end, but no fireworks. We just hope that things will be better next year when interest rate start coming down and the economy starts to improve.

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