Africa's agribusiness to drive economic development

There are growing concerns about global grain prices due to Russia's decision to not renew the Black Sea Grain Deal, which affects grain movement between Ukraine and Russia. Although South Africa has an adequate domestic grain supply, the potential price shocks will impact consumers and the wheat value chain, considering Russia's significant role as a wheat supplier. Monitoring the price reaction and ensuring smooth grain shipments from Russia in the future is crucial to accurately assess the impact on global markets. For more on this Business Day TV spoke to Agbiz's Wandile Sihlobo.