{"id":244053,"date":"2022-11-26T01:38:55","date_gmt":"2022-11-25T23:38:55","guid":{"rendered":"https:\/\/mypr.co.za\/?p=125256"},"modified":"2022-11-26T01:38:55","modified_gmt":"2022-11-25T23:38:55","slug":"persistent-loadshedding-raises-the-cost-of-doing-business-says-shumani","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/persistent-loadshedding-raises-the-cost-of-doing-business-says-shumani\/","title":{"rendered":"Persistent loadshedding raises the cost of doing business, says Shumani"},"content":{"rendered":"<aside class=\"scaip scaip-1 \">\n<aside id=\"republication_tracker_tool-2\" class=\"republication_tracker_tool clearfix\">\n<h5 class=\"adtitle\">Republish for Free<\/h5>\n<div class=\"license\">\n<p><button name=\"Republish This Story\" id=\"cc-btn\" class=\"republication-tracker-tool-button\">Republish This Story<\/button><\/p>\n<p><a class=\"license\" rel=\"noreferrer license noopener\" target=\"_blank\" href=\"http:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/\"><img decoding=\"async\" alt=\"Creative Commons License\" class=\"lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/persistent-loadshedding-raises-the-cost-of-doing-business-says-shumani.png\"><\/a><\/p>\n<p><img decoding=\"async\" alt=\"Creative Commons License\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/persistent-loadshedding-raises-the-cost-of-doing-business-says-shumani.png\"><\/div>\n<div class=\"message\">\n<p>Republish our articles for free, online or in print, under a Creative Commons license.<\/p>\n<\/div>\n<\/aside>\n<\/aside>\n<figure id=\"attachment_125257\" aria-describedby=\"caption-attachment-125257\" class=\"wp-caption alignleft\"><a href=\"https:\/\/mypr.co.za\/?attachment_id=125257\"><img loading=\"lazy\" decoding=\"async\" alt width=\"225\" height=\"300\" class=\"wp-image-125257 size-thumbnail lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/persistent-loadshedding-raises-the-cost-of-doing-business-says-shumani.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-125257 size-thumbnail\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/persistent-loadshedding-raises-the-cost-of-doing-business-says-shumani.jpg\" alt width=\"225\" height=\"300\"><\/a><figcaption id=\"caption-attachment-125257\" class=\"wp-caption-text\">Shumani Industrial Equipment MD Victor Nemukula<\/figcaption><\/figure>\n<p>Ongoing loadshedding has increased the cost of conducting business for both Shumani Industrial Equipment and its customers, says MD Victor Nemukula. \u201cThese increased costs have impacted new staff acquisition. Our customers have had to invest in back-up power generation either through photovoltaic systems or gensets. This impacts their capital spend which, in turn, affects their investment in new equipment.\u201d<\/p>\n<p>However, since the Covid-19 pandemic there has been a marked improvement in business activity, notes Nemukula. \u201cAll our employees are working from various Shumani premises around the country. Some Blue Chip customers are still practicing strict Covid-19 protocols, which restricts business contacts. Despite this, the economy is growing, and we have returned to pre-pandemic growth as a business.\u201d<\/p>\n<p>Nemukula attributes the growth to many companies that froze their equipment spend during Covid-19 and are now having to replace or upgrade their fleet as the economy returns to a \u2018new normal\u2019. Shumani is also continuing with its diversification drive, entering new markets such as materials handling equipment for the port sector, serviced from its regional office in Durban in KwaZulu-Natal.<\/p>\n<p>\u201cIt is a niche market with only specialised players that are involved mainly in import and export,\u201d says Nemukula. However, Shumani is making inroads into this market as it boasts the largest short-term rental fleet in the country at present.<\/p>\n<p>Looking at its foray into supplying equipment for the mining industry, Nemukula says Shumani is still putting the necessary resources in place to ensure it can compete effectively here. \u201cWe should start seeing sustained growth over the next 12 months,\u201d he stresses.<\/p>\n<p>In terms of the impact of ongoing loadshedding on equipment trends, Nemukula says that with electricity becoming a scarce and costly resource, many companies are investing in alternative energy sources. \u201cThere is also a concern about increasingly expensive fossil fuels like diesel, which has resulted in many companies moving to battery energy storage solutions as well as electric equipment.\u201d<\/p>\n<p>On the enterprise and supplier development side, Shumani is working with various small and emerging black-owned suppliers. For example, transport business KK Towing is supplying logistics services. Netshi Engineering is providing maintenance and repair services for warehousing and port equipment, while Mokgalaka focuses on engineering services. These three companies have offices at Shumani\u2019s main premises. \u201cWe are looking at assisting them to scale their businesses to provide improved quality services,\u201d says Nemukula.<\/p>\n<p>Looking ahead, the port and warehousing markets lead the way in terms of growth. \u201cWe are already seeing robust growth going into 2023 in these two sectors,\u201d reveals Nemukula. There are also new products that will be announced next year once the necessary logistics have been finalised. He concludes: \u201cTough times will not last forever. I see a rainbow on the horizon.\u201d<\/p>\n<p>Pull quote<\/p>\n<p>\u201cOur customers have had to invest in back-up power generation either through photovoltaic systems or gensets. This impacts their capital spend which, in turn, affects their investment on new equipment.\u201d \u2013 Victor Nemukula, MD, Shumani Industrial Equipment<\/p>\n<p>Social media<\/p>\n<p>Twitter<\/p>\n<p>#Shumani MD Victor Nemukula says that the port and warehousing markets lead the way in terms of growth. \u201cWe are already seeing robust growth going into 2023 in these two sectors.\u201d New products will also be announced next year.<\/p>\n<p>Connect with Shumani Industrial Equipment on Social Media to receive the company\u2019s latest news<\/p>\n<p>Facebook: https:\/\/www.facebook.com\/shumaniindustrial\/<\/p>\n<p>LinkedIn: https:\/\/www.linkedin.com\/company\/shumani-industrial\/<\/p>\n<p><a href=\"http:\/\/mypr.co.za\/contact\/featured\/\">CLICK HERE to submit your press release to MyPR.co.za<\/a>.<\/p>\n<p> <span class=\"post-views-icon dashicons dashicons-chart-bar\"><\/span> <span class=\"post-views-label\">Press Release Views since 1 July 2022:<\/span> <span class=\"post-views-count\">108<\/span> <\/p>\n<div class=\"entry-pagination pagination\">Pages: <span class=\"post-page-numbers current\"><span class=\"screen-reader-text\">Page <\/span>1<\/span> <a href=\"https:\/\/mypr.co.za\/persistent-loadshedding-raises-the-cost-of-doing-business-says-shumani\/2\/\" class=\"post-page-numbers\"><span class=\"screen-reader-text\">Page <\/span>2<\/a><\/div>\n<p><a href=\"https:\/\/mypr.co.za\">Source: MyPR.co.za<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. Shumani Industrial Equipment MD Victor Nemukula Ongoing loadshedding has increased the cost of conducting business for both Shumani Industrial Equipment and its customers, says MD Victor Nemukula. \u201cThese increased costs have impacted new staff acquisition. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":244054,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9021],"tags":[3257],"class_list":{"0":"post-244053","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mypr","8":"tag-mypr","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/persistent-loadshedding-raises-the-cost-of-doing-business-says-shumani.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/244053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=244053"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/244053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/244054"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=244053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=244053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=244053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}