Biennial Report

Biennial Report 2014 - 2016

Two years ago the agbiz biennial report refl ected on the achievements, challenges and dynamics of the South african economy in general, and the agribusiness sector in particular, during the fi rst twenty years of democracy. there were certainly major successes that the country and our members could celebrate, although there were worrying fl ags that were warning of tougher times to come.

How quickly the landscape has changed from fairly optimistic and in some cases even a bullish outlook to a resurgence of economic growth following the 2008/09 international economic meltdown, to economic stagnation and a damaging slow-down in growth, massive unemployment and a concomitant increasing burden on the state in terms of welfare costs. in fact, South africa is teetering on the brink of a recession. there is a plethora of other symptoms to underline the dire situation in which the country fi nds itself. in addition, foreign direct investment in ventures of a capital nature that could alleviate the rising unemployment, has virtually dried up. Much of what we experience at present is also a knock-on effect of a lacklustre international economy.

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Biennial Report 2012 - 2014

After 20 years of democracy, South Africa has witnessed huge change and transformation, and mostly for the better. Various independent and scientific reports have indicated increased household income, better household living conditions and improved household food security.

In addition, the March 2014 Stats SA Report on “Poverty trends in South Africa: An examination of Absolute Poverty trends between 2006 and 2011”, indicated that despite the 2008/09 economic downturn, South Africa succeeded in reducing poverty over this period.

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Biennial Report 2010 - 2012

Global and local business has witnessed unheralded transformation and change since the latter part of the 1900’s. Not only has the geopolitical environment shown major shifts on a worldwide scale, but business has had to contend with economic power shifts, the rise of new markets on an unheralded scale as well as domestic developments brought about by new policies and strategies to maintain pace with increasing demands for food, energy, education, expectations for improved quality of life and technology to support the “new world”Agribusiness finds itself in the midst of all this – both internationally and nationally.

Agribusiness has to position itself to keep abreast of this new and exciting world order. It has to in order to remain relevant and to ensure its competitiveness and sustainability.

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