#WaterWatch

[LISTEN] Economist predicts 5% decline in WC's GDP if drought persists

FNB Agricultural economist, Paul Makube, says the Western Cape may experience a 5% decrease in it's GDP because of low agricultural production caused by the current drought.

Last week City officials said there’s a possibility the province will receive below average rainfall, with average dam levels at just 18%.

Western Cape agriculture contributes about 23% of South Africa's national agricultural GDP. Given that it produces the most high value crops that are for the export market.

Paul Makube, FNB Agricultural Economist

The drought situation has resulted in reducing the production and the outlook for winter crops. If we don't get sufficient rain, it means the whole area in terms of output will come down and that has long term implications given that if we for example have a sustained drought and we have to uproot your fruit trees, it takes years to get back into production....

Paul Makube, FNB Agricultural Economist

Click on the link below to listen to the full audio...


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Read More

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