Pretoria - The country will need at least R20bn to import the 5 to 6 million tons of maize needed to mitigate the effects the drought has had on crop production in the country, according to Grain SA.
"If you take 5 or 6 million tons and multiply that by the current price of about R3 500, you are going to get to an awful amount of money, something like R20bn," CEO Jannie de Villiers told reporters in Pretoria on Friday.
"This is only maize. We are not talking about the two million tons of wheat we import. We still need soya beans."
The department of agriculture, forestry and fisheries was briefing the media on the impact of the drought on the country. Minister Senzeni Zokwana said South Africa would have to import maize to ensure there was food in the country. The briefing followed a meeting with all stakeholders to evaluate the current situation.
De Villiers said the current crop did not paint a positive picture for the country. He said if nothing was done, the country could run out of white maize by September.
"We have stocks and if we look at the current crop, we are going to run out of white maize by September. This is why we need to look at imports, rather earlier than later. The difficulty is that white maize is not readily available throughout the world," he said.