Absa AgriTrends 2023 Autumn Edition

Increasing costs of running businesses As mentioned above, many have turned to the use of diesel generators to ensure quality products and remain productive. This is however weighing on margins. The wholesale price of 0.05% diesel in Gauteng in February 2023 was 18% higher compared to the February 2022 price. Current diesel prices are over 100% more expensive than in 2012, with little prospect of notable price decreases over the coming months. In this

Running generators are at least three times more expensive than the cost of Eskom electricity and are dependent on the type and size of the generator and its efficiency of use. regard, the cost of running a generator during times of load-shedding is at least three times more costly than the cost of Eskom electricity. Estimate costs of running generators are between R6.5 / kWh and R14.5 / kWh

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