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From: "Sunspice CC" <sunspice@icon.co.za>
To: Faiyaz <info@sunspice.co.za>
Date: Sat, 14 May 2022 10:32:26 +0000
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 Content preview:  Hello Bradley I refer to your email request for an increase
    in credit I have spoken to Mohamed and his father. This is their response:
    
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--------=_MB48127563-F6E2-4B99-8467-CEB6B0C9921D
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Hello Bradley

I refer to your email request for an increase in credit

I have spoken to Mohamed and his father. This is their response:

Ever since early 2020 we have been heavily affected by increase in=20
shipping costs going up by as much as 700%
Since the late 2021 shipping costs have begun to settle. We are now=20
sitting at +/- 500% as opposed to early 2020.
However since late 2021 many spice crops have failed pushing raw=20
material costs through the roof and to add to that since early this year=20
the Ukraine problem pushed prices up further.

The result of all this is that our capital outlay before shipping has=20
now increased to a very high level in a very short space of time.
Our company do not take loans and do not have credit facilities with=20
overseas suppliers and therefore are also feeling the effects of the=20
economy.

We therefore regret to inform you that we are not in the position to=20
increase your credit.

Considering that you are well aware of everything mentioned above, We=20
are sure you will understand our position

--
Best Regards


Mohamed Chohan
Sunspice CC
Tel: 0315778704
Fax: 0315775005

--------=_MB48127563-F6E2-4B99-8467-CEB6B0C9921D
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<body><div><br /></div>
<div>Hello Bradley</div><div><br /></div><div>I refer to your email request =
for an increase in credit</div><div><br /></div><div>I have spoken to Moha=
med and his father. This is their response:</div><div><br /></div><div>Ever =
since early 2020 we have been heavily affected by increase in shipping cos=
ts going up by as much as 700%</div><div>Since the late 2021 shipping costs =
have begun to settle. We are now sitting at +/- 500% as opposed to early 2=
020.</div><div>However since late 2021 many spice crops have failed pushing =
raw material costs through the roof and to add to that since early this ye=
ar the Ukraine problem pushed prices up further.</div><div><span><br /></sp=
an></div><div><span>The result of all this is that our capital outlay befor=
e shipping has now increased to a very high level in a very short space of=
 time.=C2=A0</span></div><div>Our company do not take loans and do not have=
 credit facilities with overseas suppliers and therefore are also feeling th=
e effects of the economy.=C2=A0</div><div><br /></div><div>We therefore reg=
ret to inform you that we are not in the position to increase your credit.<=
/div><div><br /></div><div>Considering that you are well aware of everythin=
g mentioned above, We are sure you will understand our position=C2=A0</div>=
<div><br /></div><div id=3D"signature_old"><div id=3D"x0adf1589a45f45e"><di=
v id=3D"x4901d868e7c24513a73014f14551d86b" style=3D"font-size: 12pt; overfl=
ow: auto; font-family: Calibri; width: 100%;">--</div><div id=3D"x4901d868e=
7c24513a73014f14551d86b" style=3D"font-size: 12pt; overflow: auto; font-fam=
ily: Calibri; width: 100%;">Best Regards<br /><br /><br />Mohamed Chohan<br =
/>Sunspice CC<br />Tel:=20
0315778704<br />Fax: 0315775005</div></div></div><div><br /></div>
</body></html>
--------=_MB48127563-F6E2-4B99-8467-CEB6B0C9921D--

