An economist notes the fuel cut will help reduce cost pressures in agriculture
FNB senior economist Koketso Mano states that as the harvesting of summer crops is underway, the recent fuel price cut will enhance farmers' profitability, as fuel costs represent nearly 13% of input expenses in grain production. Both grades of petrol have decreased by five cents per litre, while diesel prices have dropped by 37 cents per litre at the pumps. Mano also notes that the citrus export season is in […]