Media Releases

Solid performance in SA agricultural machinery market

The South African machinery sales remain vibrant compared to the same period last year. This is largely attributed to the strong recovery in agricultural production, says Wandile Sihlobo, Agbiz economist.

12.07.2017 / Media Releases

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Agbiz/IDC Agribusiness Confidence Index marginally declines in Q2, 2017

The Agbiz/IDC Agribusiness Confidence Index declined, albeit marginally, by one Index point to 56 points in the second quarter of this year. Despite the slight decline in confidence, the sector remains in expansionary territory - Wandile Sihlobo, Agbiz economist

12.06.2017 / Media Releases

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Decision by S&P to downgrade SA’s sovereign debt to junk status is bad news for agribusiness and especially for consumers

The dramatic political developments of the past week, and the consequential and expected downgrading of SA’s investment grade to so-called junk status, is seriously bad news for the agricultural and agribusiness ....
- Dr John Purchase, CEO of Agbiz

07.04.2017 / Media Releases

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Agbiz response to Minister Gordhan’s Budget Policy Statement

The National Budget Speech presented a fairly positive and optimistic outlook, projecting economic growth of 1.3% in 2017, up from 0.5% in 2016.
- Dr John Purchase, Agbiz CEO

23.02.2017 / Media Releases

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Agribusiness Outlook for 2017

As predicted, 2016 has been an extremely challenging and tumultuous year for the agribusiness environment and farmers alike, Agbiz CEO, Dr John Purchase, said today at a media briefing in Pretoria. Not only did the prevailing drought of the previous years continue its devastation over much of the country, but a declining economy...

25.11.2016 / Media Releases

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Agbiz/IDC Agribusiness Confidence Index declines marginally in Q4, 2016

The Agbiz/IDC Agribusiness Confidence Index declined by 5 index points in the fourth quarter of this year.  Seven out of ten sub-indices of the survey showed expansion, with the exception of turnover, net operating income and employment sub-indices, which were the key drivers of this decline. 
- Wandile Sihlobo, Agbiz

21.11.2016 / Media Releases

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Agbiz calls on all leaders and South Africans to uphold the Constitution and Rule of Law

“Events of the past week should be a major wake-up call to all South Africans. From Julius Malema’s anti-white and ‘land nationalisation without compensation’ utterances, to the totally absurd and unacceptable ‘coffin case’ racism..."
- Dr John Purchase, CEO of Agbiz

21.11.2016 / Media Releases

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South Africa’s food producer price inflation rises again

Recent producer price index data indicates that in August 2016, producer inflation for final manufactured goods decelerated to 7.2% from 7.4% year-on-year (y/y) in the previous month.

29.09.2016 / Media Releases

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Future success much wider than technology or technological innovation - Agbiz Congress

Henry Ford (1922) said in his book, My Life and Work: “The moment the farmer considers himself as an industrialist … farming will be considered as among the least hazardous and most profitable of occupations.” In a sense referring to innovation, Mr Ford’s statement still holds some lessons for agribusiness, albeit not restricted to industrialisation, which was characterised by, amongst others, the use of technological innovation to solve problems.

10.06.2016 / Media Releases

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Reserve Bank will do its part to ensure competitive advantage - Agbiz Congress

Agribusinesses can rest assured that the South African Reserve Bank is committed to containing inflation.

10.06.2016 / Media Releases

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