Western Cape Agri Sector to take R5 Bln Hit Due to Drought

Updated on 2 March 2018

Subscription - Articles

The agriculture sector in the Western Cape will take an economic knock of more than R5 billion due to the impact of the drought.

This is according to the MEC for Economic Opportunities Alan Winde who cited a recent report by the department of agriculture, in collaboration with the Bureau for Food and Agricultural Policy (BFAP), which estimated that the impact of the prolonged drought on the province’s Gross Value Added (GVA) will be R5.9 billion, representing an average production decline of around 20%. (via African News Agency)

Get Weekly 5-Minutes Business Advice

Subscribe to receive actionable business tips and resources.

Subscription - Articles

Feeling Stuck?

icon