INTERVIEW | AECI gears up to claim R1 billion from insurers for revenue lost to Covid-19
AECI Chemicals and mining explosives producer AECI is preparing a hefty insurance claim in a bid to claw back more than R1 billion it lost in revenue due to Covid-19. The company has operations in South Africa, the rest of the continent, the Americas, Europe, Asia and Australia. In addition to its chemicals and mining explosives, the group also has water and processing, plant and animal health, as well as food and beverage businesses. Its biggest Covid-19-related knock came from its local operations, despite some of its businesses being classified as essential servic...
Source: news24.com
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