Insurance claims to spike on El Niño effects

South Africa is already experiencing some extreme weather conditions and the onset of El Niño is likely to exacerbate these issues in the months ahead. The shift in weather conditions is also likely to affect the supply of food both at the local and global level that could push prices significantly higher. CNBC Africa is joined by John Hudson, Head, Agriculture, Nedbank Commercial Banking and Wandile Sihlobo, Senior Economist, Agricultural Business Chamber of South Africa.
Fri, 19 Apr 2024 11:21:56 GMT