'Agricultural sector will take months to reap fuel cut benefits' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Farmers have battled to stay afloat in light of continuous fuel price increases. Fuel prices decreased significantly with petrol prices decreasing by R2.06c per litre, while diesel prices decreased by over R2.60c per litre, following the appreciation of the Rand against the US Dollar, which led to a lower contribution to the Basic Fuel Prices on petrol, diesel and illuminating paraffin.

One of the country’s major economic drivers has begun to feel some relief following fuel price decreases.Thandeka Mbassa from African Farmers Association Of South Africa says, “The fuel decrease is welcome because as you would appreciate, it affects the whole value chain, irrespective of the commodity that we are dealing with. But because we have had so many back -to-back increases in fuel, we are not likely to feel the benefits right now.

With the year having started positively, farmers remain optimistic that they will have a highly productive year.

Source: News Formal (newsformal.com)

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