25th May 2019
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Bad economy: SSBL lays off 150 workers

Author : Joakino Francis | Published: 4 years ago

The South Sudan Beverages Limited, SSBL, has laid off 150 employees as its production declines due to scarcity of the US dollars.

The company produces soft drinks and alcohol.

The Managing Director of SSBL, Carlos Gomes, says they have been unable to import raw materials, reducing their production to 15%.

Mr. Gomez says the company is afraid the situation may worsen if the economic crisis in the country does not improve.

“We have had to reduce our work force by 150 people and we had to increase our prices,” he said.

“These are all decisions that emanate from matters that are outside our control and that is why we need access to forex; otherwise those spirals will continue.”

Mr. Gomes say if the situation does not improve the company may be forced to shut down.

The South Sudan Beverages Limited started its production in 2009. The managing director says it has 450 South Sudanese employees.

15% of them are now losing the jobs due to the scarcity of the US dollars.

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