News archive

News archive - March-2019

Agbiz responds to the appointment of the Cabinet by President Cyril Ramaphosa

“Agbiz has noted the appointment of the new Cabinet for the sixth Administration of democratic South Africa by President Cyril Ramaphosa today, and in general, welcomes the appointments to key ministries and congratulates the ministers on their appointment. It is, however, the reduction of 36 ministries to 28 that is especially welcomed in order to cut costs but also to ensure greater government coordination and efficiency,” Dr John Purchase, CEO of Agbiz, said today.

30.05.2019 / Agbiz in the news

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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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Public-private partnerships the key to economic growth

Agbiz CEO Dr John Purchase participated in a live Nation in Conversation panel discussion at Nampo on the importance of public-private partnerships for sustainable economic growth. 

17.05.2019 / Agbiz in the news

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What happens after the elections?

What happens after the 2019 elections? Political commentator, Theo Venter discussed the build-up to the elections as well as possible scenarios that could unfold with Agbiz CEO Dr John Purchase. 

17.05.2019 / Agbiz in the news

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