Most Read in 2022: Fuel price may hit R40 a litre
The Russian invasion of Ukraine thousands of kilometres away could drive the local fuel price up to R40 a litre, while a fertiliser shortage and associated high prices could affect South African farmers and, consequently, food security, experts say.
Agricultural Business Chamber of SA chief economist Wandile Sihlobo wrote in his weekly market report this week that there were concerns about the war’s effects on stocks and prices of wheat, maize and sunflower oil, of which Russia and Ukraine are major producers.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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