El Niño puts business contracts under pressure as drought risks rise
This comes as forecasts indicate that El Niño conditions are likely to bring hotter and drier weather to much of Southern Africa, increasing the risk of supply chain disruptions, drought, wildfires, water shortages, reduced crop yields and livestock losses.
In Southern Africa, El Niño events are frequently associated with hotter, drier conditions, increased drought risk, water scarcity, and agricultural disruption.
Senior associate in dispute resolution at CDH, Liëtte van Schalkwyk, said whether El Niño can constitute a force majeure event depends on the wording of the specific contract and the facts of each case.
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