The Absa AgriBusiness outlook, released this week, is optimistic about the industry in 2014.
Agbiz says in its latest newsletter the macro-economic environment is favourable and provides opportunity for South African agriculture to utilise low interest rates to increase their capital expenditure towards improving efficiencies and productivity.
The outlook focussed on various commodities and the expectation for each, taking in consideration the rainfall expectations, market demands and impacting regulatory environment amongst other influencing factors.
Article Source: www.algoafm.co.za
Copyright © 2018 by Agricultural Business Chamber