The money minute with Zinathi Gquma: the risk that el Nino presents for small businesses
From Anele and the Club on 947 · 4:38
Show by 947
We might be complaining about the heat, but there's a much bigger problem brewing beyond the uncomfortable temperatures. El Niño could have a knock-on effect on food production, pushing up the cost of ingredients and supplies that businesses rely on every day. And while bigger businesses might have the financial muscle to absorb some of those increases, smaller businesses don't necessarily have that luxury. Think of your neighbourhood restaurant, bakery or food vendor having to pay more for the very ingredients they need to keep trading. But it's not all doom and gloom. South Africa is coming off a particularly strong agricultural season, thanks to La Niña's favourable rainfall. That means we currently have enough food in storage, with a surplus available for export. The bigger concern could be what happens in 2027, depending on how El Niño develops. Farmers are already showing signs of caution, with some reportedly delaying fertiliser purchases until they have a better idea of what the season holds. So, while there might not be an immediate reason to panic, small businesses need to keep a close eye on the weather because what happens in the fields could e Hang out with Anele and The Club on 947 every weekday morning. Popular radio hosts Anele Mdoda, Frankie du Toit, Thembekile Mrototo, and Cindy Poluta take fun to the next level with the biggest guests, hottest conversations, feel-good vibes, and the best music to get you going! Kick-start your day with the most enjoyable way to wake up in Joburg. Connect with Anele and The Club on 947 via WhatsApp at 084 000 0947 or call the studio on 011 88 38 947Thank you for listening to the Anele and the Club podcast.Listen live on Primedia+ weekdays from 06:00 to 09:00 to Anele and the Club broadcast on 947 https://buff.ly/y34dh8Y For more from the show go to https://buff.ly/gyWKIkl or find all the catch-up podcasts here https://buff.ly/K59GRzu Subscribe to the 947s Weekly Newsletter https://buff.ly/hf9IuR9 Follow us on social media:947 on Facebook: https://www.facebook.com/947Joburg/ 947 on TikTok: https://www.tiktok.com/@947joburg947 on Instagram: https://www.instagram.com/947joburg947 on X: www.x.com/947 947 on YouTube: https://www.youtube.com/@947JoburgSee omnystudio.com/listener for privacy information.
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