News archive

News archive - March-2017

SA agricultural sector likely to pay 3% more for diesel next month

The weaker ZAR/USD exchange and higher Brent crude oil prices means agribusinesses and farmers could be paying 3% more for a litre of diesel next month.
- Wandile Sihlobo

18.04.2017 / News


Good news for agribusiness likely to be short-lived

SA’s combined harvester sales continue to show strong growth ahead of a bumper crop this season, Agbiz said this week. However, optimism in the agricultural machinery market may be short-lived as the weaker rand could increase the cost of equipment.

10.04.2017 / Agbiz in the news


Decision by S&P to downgrade SA’s sovereign debt to junk status is bad news for agribusiness and especially for consumers

The dramatic political developments of the past week, and the consequential and expected downgrading of SA’s investment grade to so-called junk status, is seriously bad news for the agricultural and agribusiness ....
- Dr John Purchase, CEO of Agbiz

07.04.2017 / Media Releases


SA’s wheat import tariff revised down

South Africa’s wheat import tariff has been revised down to R1 190.19 per tonne, which is a 25% decline from the rate of R1 591.40 per tonne.
- Wandile Sihlobo, Agbiz economist

31.03.2017 / Agbiz in the news


South Africa could harvest the second biggest maize crop on record

South Africa is set to harvest the second biggest maize crop on record. This comes after the National Crop Estimate Committee revised up its forecast by 3% from the previous one to 14.32 million tonnes.
- Wandile Sihlobo

28.03.2017 / News


Food inflation to simmer down to single digits

SA’s unusually high food price inflation was expected to drop to single digits for the first time in a year, economists predicted. The downward trend is expected to continue despite another drought being forecast for later in 2017.
- Supermarket and Retailer

22.03.2017 / Agbiz in the news


Land reform clarity will help advance the agricultural sector

The optimism and desired growth in the agricultural sector could be short lived if South Africa delays in endorsing a unified and responsible policy stance.

21.03.2017 / Agbiz in the news


Government aims to ban foreigners from buying land

Government wants to ban foreigners from buying agricultural land.  Arabile Gumede (The Money Show) interviewed Theo Boshoff (Manager: Legal Intelligence at Agricultural Business Chamber).  Listen to the interview in the audio below:


20.03.2017 / Agbiz in the news


The great compensation debate; are we moving away from a universally accepted human rights culture?

Amid recent calls to amend property clause in constitution to allow expropriation of farmland without compensation, one cannot help but wonder whether original purpose of provision is not being lost amongst political rhetoric... 
- Theo Boshoff, Manager: Legal Intelligence, Agbiz

09.03.2017 / Agbiz in the news


Droogte knyp landbou se deel vir BBP

Die landbou was steeds in die laaste kwartaal van verlede jaar in ʼn resessie, maar die vooruitsigte vir vanjaar lyk goed. Só sê mnr. Wandile Sihlobo, landbou-ekonoom van die landbousakekamer Agbiz.

08.03.2017 / Agbiz in the news


SA’s agricultural machinery sales show monthly uptick

Recent agricultural machinery sales data show that in February 2017, tractor sales were down by 8% when compared to February 2016 — with 675 units sold.
- Wandile Sihlobo, Agbiz Economist

07.03.2017 / Agbiz in the news


South African agricultural sector remained in recession in Q4, 2016

Although some commodities such as winter grains and prone fruits saw increased activity in the fourth quarter of 2016, South Africa’s agricultural sector remained in recession.
- Wandile Sihlobo, Agbiz Economist

07.03.2017 / Agbiz in the news


Agbiz/IDC Agribusiness Confidence Index Q1, 2017

The Agbiz/IDC Agribusiness Confidence Index improved by 2 Index points in the first quarter of this year to 57. A reading above 50, indicates expansion in the South African agribusiness activity. 
- Wandile Sihlobo, Agbiz Economist

06.03.2017 / Agbiz in the news


Agbiz Members

  • Absa AgriBusiness
  • Afgri Operations Ltd
  • Afrivet
  • Agri Expo
  • AFMA
  • Agrifusion
  • Agri Mega Group
  • Alltech (Pty) Ltd
  • Association of Agritourism South Africa (AASA)
  • Barloworld Handling Materials
  • Bathopele
  • Beefmaster
  • BKB Ltd
  • Capespan
  • Certisure
  • Citrus Growers Association
  • Durban Fresh Produce Market
  • East London Industrial Development Zone
  • Engen
  • Farmwise Grains (Pty) Ltd
  • FNB
  • Fraserburg Koöp Bpk
  • Fresh Produce Exporters' Forum (FPEF)
  • GWK Limited
  • Highveld Egg Co-op Ltd
  • Hans Merensky Holdings
  • Humansdorpse Koöp Bpk Trading as The Co-op/Die Kooperasie
  • Industrial Development Corporation
  • Institute of Market Agents of SA (IMASA)
  • John Deere
  • Kimech Agri Tractor and Machinery CC
  • Kaap Agri Bedryf Ltd
  • KLK Landbou Bpk
  • Land Bank
  • Marsh Africa
  • Monsanto
  • Mosstrich Ltd
  • Mutual & Federal Agri
  • National Agricultural Marketing Council (NAMC)
  • Nedbank
  • Netafim
  • PMI SA
  • NWK Ltd
  • Obaro
  • Old Mutual
  • Overberg Agri Bedrywe (Edms) Bpk
  • OVK Operations Ltd
  • Pioneer Hi-Bred RSA (Pty) Ltd
  • PwC South Africa
  • Rovic Leers
  • SA Agri Academy
  • Saltcor
  • San Miguel Fruits SA
  • Sansor
  • Santam Agriculture
  • Senwes Ltd
  • Signa
  • Standard Bank Agriculture
  • SSK
  • Suidwes Agriculture Ltd