Drought hits South African citrus fruit seller

South Africa-based citrus fruits packer and seller Sundays River Citrus Co. (Pty.) Ltd. lost up to 1.5 billion South African rand ($121.6 million) in revenue because of a drought in the province of Eastern Cape, Fin24.com reports. "Our exports have been reduced by 33% because of the drought," said Hannes de Waal, chief executive of SRCC. The company exports 10 million cartons of citrus during a good harvest, however, it shipped only seven million cartons in 2017 due to the drought.

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