News archive

News archive - December-2016

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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South African fuel prices set to increase next month

Preliminary estimates from the Central Energy Fund suggest that petrol (95 ULP Inland) and diesel (0.05% Wholesale Inland) prices could increase by 20 cents per litre (c/l) and 18 c/l, respectively, on 04 January 2017.
- Wandile Sihlobo

15.12.2016 / Agbiz in the news

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South Africa’s food inflation decelerates

Recent Consumer Price Index data shows that food and non-alcoholic beverages inflation decelerated to 11.6% year-on-year (y/y) in November 2016 from 11.7% in October 2016.
- Wandile Sihlobo

15.12.2016 / Agbiz in the news

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UPDATE: South Africa’s agricultural machinery sales see slight uptick

Recent agricultural machinery sales data indicates that in November 2016, tractor sales were up by 0.2% when compared to November 2015 — with 453 units sold.
- Wandile Sihlobo

12.12.2016 / Agbiz in the news

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