Property sector reels from power, water outages
Wednesday, April 16, 2014
“Our properties performed very solidly during the interim period. Whilst economic conditions remain challenging, and now worsened by power outages and water shortages, we have had to work hard with our tenants to minimise disruption,” he said.
Kelly’s comments come on the back of the forecast by economists that growth will be restricted to lower than five percent in 2014, in part due to the prevailing water and electricity shortages that have disrupted production across all economic sectors.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...