They last too long!— Grant Neser, JoJo Tanks
If your lid is secure, the water will stay [drinkable] indefinitely.— Grant Neser, JoJo Tanks
Our turnover is a little over R600 million. A lot of people don’t realise how big JoJo tanks is!— Grant Neser, JoJo Tanks
Capetonians have turned saving water into an art form.
Everywhere you look there are bakkies with rainwater tanks on the back driving around.
Waiting lists are long, and getting longer.
Companies such as JoJo and ECO Tanks are under immense pressure to meet the exploding demand.
The Jo-Jo brand has entrenched itself in the psyche of South Africans… We’re seeing tanks being produced left, right and centre… A lot are being shipped to Cape Town… We’re not seeing any price gouging… The tanks are, by far, the most popular item…— Kevin Tucker, Price Check
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
Jojo tanks – started by Johannes Joubert - have been around since the early 1980s…— Grant Neser, JoJo Tanks
If you go above 20 000, 30 000 litres; it’s not really competitive… Our biggest tank is 20 000 litres… it’s easy to string them together…— Grant Neser, JoJo Tanks
One household in 40 had a tank at the end of 2017.— Grant Neser, JoJo Tanks
JoJo tanks are owned by a private equity consortium… they’re very happy with their investment…— Grant Neser, JoJo Tanks
Management also has a stake in the business… We’re happy… We believe there’s going to be scarcity of water… demand is going to be around.— Grant Neser, JoJo Tanks
We’ve got quite a lot of money trapped in Zimbabwe… Tanks are selling like mad, as fast as we can make them in Zimbabwe.— Grant Neser, JoJo Tanks
We’ve got about 50% or 60% of the market share.— Grant Neser, JoJo Tanks
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
Bruce Whitfield interviews John Oliphant, former Principal Executive Officer at the Government Employees Pension Fund.
The Money Show’s Bruce Whitfield interviews Pillai for his weekly (on a Wednesday) “ShapeShifter” feature.
"We must invest in companies that can absorb South Africa’s abundance of unskilled labour," says Exxaro’s former CEO Sipho Nkosi.
The Money Show’s Bruce Whitfield interviews Nkazi Sokhulu, co-founder and CEO at credit life insurance provider Yalu.
The Money Show’s Bruce Whitfield interviews South African National Bottled Water Association Chairperson John Weaver.
The Money Show’s Bruce Whitfield interviews Price Check CEO Kevin Tucker about bone-dry Cape Town’s booming water economy.
Bruce Whitfield interviews Prof Lorenzo Fioramonti (UP) about his attitude toward money (hopes, fears, successes, failures, etc.).
Investigative journalist, Pieter-Louis Myburgh says the artwork, owned by the Free State government, is worth between R6m and R8m.
The DA defends its immigration plans saying no country can afford not to secure its borders.
The Bowman Gilfillan report, yet to be made public, found that De Lille allegedly failed to report tender corruption to council.
Judge Mandela Makaula has dismissed the defence application saying it has no merit.
Cheryl Zondi is testifying against Pastor Timothy Omotoso who is accused of rape and human trafficking in his Durban church.
Clinical sexologist Dr Eve unpacks the complex phenomenon of estranged relatives who are sexually attracted to each other.