News archive

News archive - August-2016

Agbiz response to Minister Gordhan’s medium-term budget policy statement

Rarely has a medium-term budget policy statement (MTBPS) generated as much interest as the MTBPS of today, and rightly so. With continued sluggish and deteriorating economic growth, and increased demands on the fiscus for ‘free’ higher education, drought and other support for the agricultural sector, social welfare, a nuclear power programme and many more, Minister Gordhan and National Treasury have had a tough job to balance expenditure with lagging tax revenue. 

26.10.2016 / Agbiz in the news

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Groundnut production drops to 18 850t

Groundnut production in SA has declined to its lowest levels since 1946.  The drought was one of the main reasons for the industry’s poor performance, said Wandile Sihlobo, head of economic and agribusiness intelligence at Agbiz. 
- Farmer's Weekly

18.10.2016 / Agbiz in the news

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Avocados to US, nuts to China to boost SA’s exports

US consumers may soon see South African avocados on their supermarket shelves as growers from the country look for new markets to sustain export growth momentum that’s set to taper in its home continent.
- www.bloomberg.com

13.10.2016 / Agbiz in the news

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Jobless set to multiply as growth lags

A’s low growth will leave many people outside the labour market, with about 400,000 people failing to find employment every year, statistician-general Pali Lehohla has said.
- www.bdlive.co.za

12.10.2016 / Agbiz in the news

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Food and beverages manufacturing output accelerates

Recent food and beverage sectors’ manufacturing data indicates that in August 2016, output increased by 3.1% year-on-year (y/y), after registering a 0.8% y/y contraction in July 2016.

11.10.2016 / Agbiz in the news

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