Sefalana feels pinch of sluggish economy
Friday, August 04, 2017
Presenting the financial results recently, the group’s managing director Chandra Chauhan said this has had an impact on consumer confidence and ultimately on spending patterns noting that it translated into difficult conditions in their sectors where groups are recording a drop in earnings.
“This year has been one of the most difficult years for Sefalana in quite some time. The economy as a whole has been somewhat depressed and the level of spending by both government and the average consumers on the street has fallen significantly,” he said.
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...