The Effects of War in Ukraine on Oil Price and SA Economy

Prof Jonathan Jansen, President, Academy of Science of South Africa (ASSAf) cordially invites you to the 4th Annual ASSAf Science-Business Leadership Forum on The Effects of War in Ukraine on Oil Price and SA Economy.

The Academy of Science of South Africa (ASSAf) annually hosts the ASSAf Science-Business Leadership Forum colloquium in which we bring together prominent scientists/scholars and leading experts from the business community to deliberate on a matter of shared significance. We recently held a forum in 2020 looking at what the SA Economy might look like post COVID-19. We now find ourselves in another battle in 2022, a military invasion on Ukraine launched by Russia on 24 February 2022 which has led to tightening sanctions on Russia. The invasion will most likely lead to higher oil prices, thus causing inflationary spikes globally. The theme for the 2022 forum will look at the implications of the ongoing war on South Africa’s economy and commodity prices and the direct impact on prices of key goods such as fuel, grain etc. Click here for more information and to register.