Covid-19 eats into Libstar’s annual earnings

The Covid-19 pandemic has weighed on consumer goods group Libstar with the company reporting a 55% plunge in annual normalised earnings as the firm’s food division, which supplies restaurants, felt the sting of lockdown measures. Business Day TV's Alishia Seckam caught up with the company’s CEO Andries van Rensburg to discuss the outlook for the group as SA anticipated a third wave of infections which could see stricter lockdown measures return.