Ready Your Plan B

Businesses will have to beef up contin­gencies for the on­slaught of El Nino, which weather pundits warn could adversely im­pact the country for the second half of the year.

Saturday 08 July 2023 | 11:53

Like termite infestation, insurance companies say there is no cover for the El Nino weather phenomena. Photo: Reuters

Like termite infestation, insurance companies say there is no cover for the El Nino weather phenomena. Photo: Reuters

Businesses will have to beef up contin­gencies for the on­slaught of El Nino, which weather pundits warn could adversely im­pact the country for the second half of the year.

Like termite infestation, insur­ance companies say there is no cov­er for such weather phenomena. But they’ll insure against natural disasters like cyclones, and fire.

In any case, every business should have a plan B, said business con­sultant and economist, Nouzab Fa­reed.

“Businesses have mitigating measures that they each prepare for,” he said.

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Story By: Frederica.elbourne@fijisun.com.fj