Drought to shoot coffee prices up by as much as 300%

Some African supplier countries recorded a 50 percent drop in production.

Picture: freeimages.com.

CAPE TOWN - A Cape Town coffee supplier says coffee prices are expected to increase by as much as 300 percent due to a drought and dramatic changes in the climate.

Tribe Coffee Roasting's Jake Easton said some supplier countries including Zambia, Ethiopia and Tanzania recorded a 50 percent drop in production.

Easton said the local industry is likely to feel the effects of the drought by February.

"We've got a very burgeoning small coffee roasting culture in Cape Town, even in South Africa. And, to be fair, it will get killed if we experience this drought because the only people who are going to carry on running and having a business are big businesses that can buy containers before the prices go up."