Nestle Chair, Olierhoek on results, how the business is responding to COVID-19 shocks

The global food company Nestle, led by Chairman Bruno Olierhoek, has managed to navigate the challenges posed by the ongoing COVID-19 pandemic while ensuring the safety of its employees and the continuity of its operations. In a recent interview with CNBC Africa, Olierhoek shared insights into Nestle's operations in East and Southern Africa, highlighting the company's resilience and commitment to its core values amidst the disruptions caused by the pandemic. Olierhoek emphasized the importance of leading with obstacles and adapting to changing realities in order to sustain business operations and support communities in need. Despite the supply chain challenges introduced by the pandemic, Nestle remained steadfast in its commitment to serving customers and consumers, while also prioritizing the safety and well-being of its employees. Olierhoek acknowledged the rising costs and potential inflation resulting from supply chain disruptions but expressed confidence in Nestle's ability to address these challenges effectively. Nestle's focus on community development and sustainability initiatives, such as empowering farmers and supporting local projects, has positioned the company for long-term success in the region. In South Africa, Nestle has embraced diversity and inclusivity, investing in women and youth empowerment programs to drive positive change and enhance business growth. The recent reconfirmation of Nestle's Level 3 triple BEE status underscores the company's commitment to fostering a more inclusive and sustainable business environment. Looking ahead, Olierhoek sees the Africa Continental Free Trade Area agreement as a significant opportunity to strengthen cooperation and optimize operations across the continent. By leveraging its diverse manufacturing facilities and embracing the principles of free trade, Nestle aims to enhance cost efficiency and competitiveness, ultimately benefiting consumers and fueling future growth in the region. With a proactive approach and a focus on driving sustainable development, Nestle remains optimistic about the future outlook for its business in Africa.