News archive

News archive - March-2019

Finally, some good news for the SA wool industry

The South Africa-China wool trade story is back in the headlines, but this time around in a good way. Nearly two months since the Chinese authorities temporarily suspended wool imports from South Africa because of the foot-and-mouth disease outbreak earlier in the year, the country's authorities issued a notification on 8 May stating that the ban will be lifted that same day. This news was warmly welcomed by Cape Wools SA, stating that the lifting of the ban implies that any scoured wool or mohair could be exported to China, but that the conditions under which greasy wool could be exported, will be subject to World Organisation for Animal Health (OIE) "Safe Commodities" regulations. - Wandile Sihlobo, Agbiz chief economist

17.05.2019 / Agbiz in the news

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Land reform talks also on the agenda at agri trade fair

Aside from the robust policy discussions at Nampo, the agricultural machinery role players are likely to be downbeat at this year's event. The drought earlier this year in the central and western parts of South Africa led to reduced plantings, and now expectations are for a lower summer grains harvest. This is likely to weigh on farmers' finances, and thus agricultural machinery sales. In fact, tractor and combine harvester sales figures for the first four months of 2019 were already lower compared with the previous year's performance. - Wandile Sihlobo, Agbiz chief economist *Written for and first published in Business Day

17.05.2019 / Agbiz in the news

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