But he has appealed to retailers not to take advantage of the situation.
Speaking at a post-State of the Nation briefing in Parliament earlier today, Zokwana said an estimated R16 billion has been lost following the national drought.
He’s described the drought as the worst in 23 years.
Zokwana says he is to meet with at least two major retailers this week to discuss looming food price increases.
“Tomorrow, myself and my experts will be meeting with Tiger Brands and later this week, Pioneer Foods.”
Zokwana says he's also concerned at the roaring price of chicken.
“In terms of chicken, we were not supposed to be so exposed given that there will be these tons from America.”
