Africa in BusinessAfrica in Business

Iran Conflict Drives Fertiliser and Fuel Costs Higher for Farmers

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As the war in Iran rages on, South African wheat farmers have expressed concern over the impact of the war on the country's food security. Following major military escalations in the Middle East, including airstrikes on Iran and the disruption of the strategic Strait of Hormuz, global supply chains have fractured. For South African wheat growers, the fallout has been instantaneous and brutal. Fertilizer prices have spiked by up to 59% in a single month, while diesel costs have essentially doubled for many producers. Economists warn that we are staring at a 12-year low in wheat plantings a shift that could permanently cripple rural employment and trigger a massive food inflation shock. To talk to us about the global political economy of this crisis, Thami Ngubeni spoke to Full Professor of Public Affairs at Tshwane University of Technology, Professor Rasigan Maharajh

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