IMPACT OF GEOPOLITICAL – MIDDLE EAST -IRAN -ISRAELI AND AMERICAN WAR

PERSONAL PRODUCTS EQUIPMENT (PPE) SUPPLIES

Background

You will most likely have seen and /or read the swift response from ZERA on petroleum prices prompted by

the middle east conflict. Prices have moved upwards with immediate effect by 16,5% on diesel and around 7% on petrol. This is for a two-week period.

• The middle east conflict is affecting cost of products as well as supply lead times and cost of freight.
• This needs to be managed closely by all related parties to minimize undesirable consequences and potential stock outlooks.
• In this regard my plea is for us to jointly determine your forward requirements so that we schedule arrivals for when products are needed at as best possible prices.
• It is no longer possible to second-guess demand. My team will be available immediately to work valongside you to compile your future requirements.

Current stock availability

• We presently have some stocks booked and available to us in neighboring South Africa. These will provide interim relief and will be released on a 1st come first served basis.
• As we navigate and manage supply adequacy it is important to remember that we are concurrently dealing with the menace of counterfeits in the region and locally. Kindly help to guard against this risk which will create further problems for all stakeholders.

I look forward to your collaboration as we work together to minimize possible disruptions to our businesses.

Elvis Gwanzura

Chief Executive Officer