News archive

News archive - May-2011

Kredietwet kan landbou knou

Die herfinasiering van  ‘n een-mansaak(soo  ‘n boerdery) wat  ‘n  rampspoedige jaar beleef het, is onwetting ingevolge die Nasionale Kredietwet(Wet 34 van 2005).Dit kom neer op roeke-lose lenery.

13.06.2011 / Agbiz in the news

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ABC hosts high level US delegation

The Agricultural Business Chamber (ABC) was pleased to host a high-level delegation from

the United States (US) on 7 June 2011. The US delegation was led by Mr Jose Fernandez,

Assistant Secretary of State, Economic, Energy, and Business Affairs; US Department of State;

and consisted of Mr Jack Bobo, Foreign Affairs Officer; Mr Ross Kreamer, Minister-Counselor

of US Department of Agriculture (USDA) Foreign Agricultural Services (FAS), and a number of

other US Officials from the US Embassy in Pretoria. The ABC was represented by Mr Schalk

Pienaar, Chairman of the ABC and MD of Suidwes Landbou, Ms Elaine Alexander, CEO of

South African Table Grape Industry (SATGI), Mr Ronald Ramabulana, CEO of the National

Agricultural Marketing Council (NAMC), Mr William Malan, Deputy Head of Absa

Agribusiness (all ABC Board members), and Prof Vaughan Hattingh of Citrus Research

International, together with ABC officials.

07.06.2011 / Media Releases

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Farmers don't bank on Land Bank

Cape Town  - Commercial banks currently contribute 75% towards agricultural financing in South Africa,  while the Land Bank’s 30% share in 2000 has fallen to 8%.

These figures on agricultural financing came to light in a debate on the subject initiated by the Agricultural Business Chamber (ABC).

The debate follows Finance Minister Pravin Gordhan’s request for a further urgent look into agricultural financing, and especially development finance.

06.06.2011 / Agbiz in the news

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Ontluikende boere se behoeftes onbekend

Landboufinansiers verstaan nie die behoeftes van klein-en op-komende boere genoeng nie,sê dr.Tobias Doyer,hoofbestuur-der van Santam Landbou.

29.05.2011 / Agbiz in the news

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ABC Centenary Bursary funding student for further studies in the field of agribusiness

The Agricultural Business Chamber (ABC) has strengthened its existing links with South African

Universities through the introduction of the Centenary Bursary for a student registered for a

Masters or PhD degree in either agricultural economics or agribusiness management at any

recognised SA university.

The Centenary Bursary has been launched in honour of those ABC members who recently

celebrated their Centenary, i.e. NWK, Suidwes Landbou, Senwes and NTK. The bursary is

intended to inspire students to contribute towards a positive agribusiness sector in South Africa,

through the knowledge gained by their studies.

27.05.2011 / Media Releases

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ABC’s expectations, based on the Monetary Policy Review, May 2011

The ABC attended the Monetary Policy Forum on Tuesday, 24 May 2011, at the Reserve Bank. Governor

Gill Marcus and the Monetary Policy Committee (MPC) members presented the Monetary Policy Review

for May 2011, released on the day.

A lot of speculation regarding the possible increase in interest rates has lately been going on amongst

decision makers and in the media. The MPC presented their views (as per the Review document),

identified some important aspects they base their decisions on and provided just enough to say much, but

reveal nothing – leaving one to “read between the lines” towards expected changes in monetary policy.

The MPC perceive the global economic recovery to be on track, taking in consideration the number of

vulnerabilities continuing to characterise the global economy. Global inflation risks have also increased,

particularly in emerging market economies. Many emerging market economies have recently tightened

their monetary policies (with other words increased their interest rates) in response. The domestic

growth prognosis has also improved, even though growth remains below potential.

27.05.2011 / Media Releases

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From the “highs” in 2008, to the “lows” in 2009 and again the “highs” in 2011

Agribusinesses in South Africa have had positive business confidence for a year now; peaking since the beginning

of 2011. According to the results from the ABC/IDC Agribusiness Confidence Index, agribusinesses’ confidence

increased to 62.7 index points in the second quarter of 2011. It is a mere 1% higher than the first quarter of 2011

and 12% higher than the same quarter of the previous year.

Last year this time (second quarter of 2010), the ABC/IDC Agribusiness Confidence Index reached 55,7 index

points - it was the first time to be in positive territory (being above the neutral level of 50 basis points) since the

third quarter of 2008.

27.05.2011 / Media Releases

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Duur krag, brandstof sny poste in landbousektor.

Hennie Duvenhage, Kaapstad

Die hoër koste van elektrisiteit en brandstof plaas die winsmarges van sommige

landboumaatskappye só onder druk dat die getal werkgeleenthede in die landbousakesektor

afneem.

Dít blyk uit die Landboubesigheidskamer (LBK) en Nywerheidsontwikkelingskorporasie

(NOK) se vertrouensindeks vir die landbousakesektor.

26.05.2011 / Agbiz in the news

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Agbiz Members

  • Absa AgriBusiness
  • Afgri Operations Ltd
  • Afrivet
  • Agri Expo
  • AFMA
  • Agrifusion
  • Agri Mega Group
  • Alltech (Pty) Ltd
  • Association of Agritourism South Africa (AASA)
  • AVCASA
  • 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
  • Sundays River Citrus Company (Pty) Ltd