While no simplistic conclusions can be drawn from what looks like a complex issue, South Africa should brace for rising commodity prices and supply shortages due to the ongoing UkraineRussiaConflict. Moneyweb Palesa_foks
While no simplistic conclusions can be drawn from what looks like a complex issue, South Africa should brace for rising commodity prices and supply shortages due to the ongoing Russia-Ukraine conflict. This was one of the views expressed by political analyst Daniel Silke during a PSG Think Big webinar held on Friday.
Read: How high could petrol go? Brace for even higher fuel prices SA SA weighs petrol-price cap, rationing to curb costs “Fortunately, we are relatively more food secure than other countries. As such we are in a marginally better position than countries like Tunisia and Turkey, for example. This reality, however, certainly does not [protect] us from the long-term effects of the conflict on our fragile economy and the added pressures that come with those effects.
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