Food prices are about to start climbing thanks to Eskom

How long will this last?... If it goes on for longer than two or three weeks then we’ll definitely have damage to our crops...

Nicol Jansen, Agri SA

The price of electricity has a massive impact on the cost of producing food.

If load shedding goes on for much longer, and if there is no security of electricity supply in the longer term, then the cost of producing food will skyrocket, says Paul Makube, Senior Agricultural Economist at FNB Agri-Business.

Obviously, those costs will be passed onto the consumer.

Paul Makube, Senior Agricultural Economist - FNB Agri-Business

The Money Show’s Bruce Whitfield interviewed Nicol Jansen from Agri SA.

Listen to the interview in the audio below.

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This article first appeared on 702 : Food prices are about to start climbing thanks to Eskom


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