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Farmers could lose R500m this year as load shedding adds to SA citrus export woes | Business

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Up to a quarter of South African oranges destined for the European Union might not be shipped due to the impact of load shedding, in addition to new EU regulations - posing a potential loss of more than R500 million for local farmers this year.

Ongoing load shedding hampers the ability of farmers to fully comply with the new EU regulations by the time the 2023 export season kicks in at the end of March.Ports will be exempt from power cuts, but cold stores outside port terminals will struggle to maintain oranges at temperatures required by the EU, warns the Citrus Growers Association of SA.

Government has announced that ports will be exempt from power cuts. However, according to the CGA, cold stores outside port terminals will struggle to pre-cool and maintain oranges at temperatures required by the EU until containers can enter the ports and are shipped off. Therefore, the impact of load shedding on the citrus value chain is an additional threat on top of the challenge and cost brought on by the new FCM requirements.A deep dive into the big business story of the week, as well as expert analysis of markets and trends.Ongoing load shedding hampers the ability of farmers to fully comply with the new EU regulations by the time the 2023 export season kicks in at the end of March.

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Blame CyrilRamaphosa

SOMEONE DO SOMETHING PLEASE. This has got to stop . It has to stop 😭😭😭😭

Well done guys.

Where is your Minister of Electricity?

The ever so wonderful ANC keep delivering gift after gift

Let’s watch our GDP rate decrease! 💔

Thee comrades don’t understand this things. EU is being racist. Viva. Son of the soil and aluta blah blah ..

WesternCapeGov Unless farmers take up offers to install solar/ wind/ storage onto their own farms, the future’s looking bleak ✊🌞🌬️🔋

And they will hike the local prices to try make up the shortfall

What a waste of water 💦 Are the EU aware that in order to send over oranges, we are sacrificing water, which could be used for our human beings. Getting forex is wondering, but it is leading to even more suffering by our people. Let the EU eat cake rather. EmptyShelves

Nederland Laatste Nieuws, Nederland Headlines

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