News archive

News archive - November-2016

South Africa’s food producer inflation declines slightly

Recent Producer Price Index data shows that food products (producer) inflation fell to 11.1% year-on-year (y/y) in December 2016.This signals a slight easing of price pressures that could be passed on to the consumer and be reflected in the Consumer Price Index (CPI) data.
- Wandile Sihlobo

26.01.2017 / Agbiz in the news

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South Africa’s food inflation accelerates

Recent Consumer Price Index data shows that food and non-alcoholic beverages inflation accelerated to 11.7% year-on-year (y/y) in December 2016 from 11.6% in November 20161 (with non-alcoholic beverages aside, food inflation increased to 12% y/y in December 2016 from 11.8% y/y in November 2016).

19.01.2017 / Agbiz in the news

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More rains hold key to S.A's summer crops

More rains are expected to fall in South Africa over the next week. This could potentially improve soil moisture and dam levels, and in turn, benefit summer crops. Wandile Sihlobo, Head, Economic & Agribusiness Intelligence division at Agbiz joins CNBC Africa for more.

12.01.2017 / Agbiz in the news

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SA’s agricultural machinery sales paint a mixed picture

Recent agricultural machinery sales data indicates that in December 2016, tractor sales were up by 28% when compared to December 2015 — with 349 units sold. However, this was 23% lower than the previous month’s sales. Meanwhile, combine harvester sales were at the same level as for December 2015 – with only 7 units sold.

12.01.2017 / Agbiz in the news

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Relief on the way for consumers

There is some relief on the way for cash strapped consumers. After the rainfall, there is expected cut on food prices. Wandile Sihlobo from AGBIZ explains.
ENCA Enews

09.01.2017 / Agbiz in the news

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A little rain goes a long way for farmers

"Eight provinces were declared drought disaster areas early in 2016, which indicates both the severity and extent of the drought," said John Purchase, CEO of Agbiz, this week.
www.timeslive.co.za

09.01.2017 / Agbiz in the news

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Agriculture will carry economy

Grains would lead the recovery in agriculture, said Wandile Sihlobo from Agbiz. Overall, the area planted for grains is estimated at 15% more than the previous year, which should boost production by between 20% and 30%.
- www.fin24.com

09.01.2017 / Agbiz in the news

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Food inflation likely to go down in 2017, but meat prices remain high

Agricultural economist, Wandile Sihlobo, says it seems like 2017 will be a better agricultural year compared to last year.  He says summer season rains have a had a good impact on crops, and food inflation is likely to go down from April going on to the third quarter of this year.
www.702.co.za

05.01.2017 / Agbiz in the news

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