{"id":50945,"date":"2024-06-07T18:06:35","date_gmt":"2024-06-07T18:06:35","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/lack-of-working-capital-cripples-ubombo-sugar-suppliers"},"modified":"2024-06-07T18:52:24","modified_gmt":"2024-06-07T18:52:24","slug":"lack-of-working-capital-cripples-ubombo-sugar-suppliers","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/lack-of-working-capital-cripples-ubombo-sugar-suppliers","title":{"rendered":"LACK OF WORKING CAPITAL CRIPPLES UBOMBO SUGAR SUPPLIERS"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eswatini. <\/strong><\/span><b>Ubombo Sugar Limited (USL) has indicated that local suppliers feeding into the company are grappling with serious financial challenges.<\/b><\/p>\n<p>Ubombo Sugar Head of Finance Philile Nxumalo stated that as a company they wanted to empower local suppliers through their procurement spending. She said they wanted to make a positive impact in the communities which they operated in. Nxumalo highlighted that there were unfortunate things happening with their suppliers who were facing financial challenges which often led to those suppliers closing shop.<\/p>\n<p>She shared that among other challenges faced by the local suppliers, was lack of working capital. Nxumalo said as a company, they were always aiming to assist their suppliers grow their businesses hence they organised the annual Suppliers\u2019 Day where they would come together with their suppliers to address all these challenges.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/eswatini\">Eswatini<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eswatini. Ubombo Sugar Limited (USL) has indicated that local suppliers feeding into the company are grappling with serious financial challenges. Ubombo Sugar Head of Finance Philile Nxumalo stated that as a company they wanted to empower local suppliers through their procurement spending. She said they wanted to make a positive impact in the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":50944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[234,248,249],"class_list":["post-50945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>LACK OF WORKING CAPITAL CRIPPLES UBOMBO SUGAR SUPPLIERS - Eswatini<\/title>\n<meta name=\"description\" content=\"Ubombo Sugar Limited (USL) has indicated that local suppliers feeding into the company are grappling with serious fin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/lack-of-working-capital-cripples-ubombo-sugar-suppliers\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LACK OF WORKING CAPITAL CRIPPLES UBOMBO SUGAR SUPPLIERS\" \/>\n<meta property=\"og:description\" content=\"Ubombo Sugar Limited (USL) has indicated that local suppliers feeding into the company are grappling with serious fin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/lack-of-working-capital-cripples-ubombo-sugar-suppliers\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-07T18:06:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-07T18:52:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/06\/sm_1717773609.43176.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/lack-of-working-capital-cripples-ubombo-sugar-suppliers#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/lack-of-working-capital-cripples-ubombo-sugar-suppliers\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"LACK OF WORKING CAPITAL CRIPPLES UBOMBO SUGAR SUPPLIERS\",\"datePublished\":\"2024-06-07T18:06:35+00:00\",\"dateModified\":\"2024-06-07T18:52:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/lack-of-working-capital-cripples-ubombo-sugar-suppliers\"},\"wordCount\":153,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/lack-of-working-capital-cripples-ubombo-sugar-suppliers#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/06\/sm_1717773609.43176.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eswatini\",\"Eswatini\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/lack-of-working-capital-cripples-ubombo-sugar-suppliers#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/lack-of-working-capital-cripples-ubombo-sugar-suppliers\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/lack-of-working-capital-cripples-ubombo-sugar-suppliers\",\"name\":\"LACK OF WORKING CAPITAL CRIPPLES UBOMBO SUGAR SUPPLIERS - 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