Rolling blackouts could cost cane farmers millions - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The South African Canegrowers Association has raised concerns thatcould cost the industry over R723 million this year.

It estimates that should high stages of power cuts, such as Stages 6 to 8, be imposed regularly, it could eventually cost growers over R1.8 billion.“It’s made up of concerns of blocked growth because farmers are unable to irrigate their crops. We have over 1000 farmers who irrigate their sugar cane in KwaZulu-Natal and Mpumalanga and they are unable to do so, so the crops don’t grow properly.”

“In addition to that, they incur additional energy costs because of the disruption of their irrigation schedules by the blackouts. They are not able to take advantage of the tariff system which allows them to pay a lower tariff when they operate during low-demand times. But with the blackouts, they are forced to irrigate whenever they can and as a result are incurring these increased input costs,” says Russell.

With no changes occuring, businesses will suffer and the economy will decrease.

All part of the plan.... Recession

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Business Maverick: Yellen Says South African Coal Communities Need $3.5 BillionSouth Africa has identified more than 60 billion rand ($3.5 billion) of investments needed to help communities in the coal-mining Mpumalanga province as the industry gradually winds down, US Treasury Secretary Janet Yellen said as she announced an additional $45 million in grant support. Fake. Like the Gavin Watson accident ANC alert! Money incoming, prepare to steal it!
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »