News archive

News archive - July-2016

South African fuel prices set to increase next month

Preliminary estimates from the Central Energy Fund suggest that petrol (95 ULP Inland) and diesel (0.05% Wholesale Inland) prices could increase by 20 cents per litre (c/l) and 18 c/l, respectively, on 04 January 2017.
- Wandile Sihlobo

15.12.2016 / Agbiz in the news

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South Africa’s food inflation decelerates

Recent Consumer Price Index data shows that food and non-alcoholic beverages inflation decelerated to 11.6% year-on-year (y/y) in November 2016 from 11.7% in October 2016.
- Wandile Sihlobo

15.12.2016 / Agbiz in the news

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UPDATE: South Africa’s agricultural machinery sales see slight uptick

Recent agricultural machinery sales data indicates that in November 2016, tractor sales were up by 0.2% when compared to November 2015 — with 453 units sold.
- Wandile Sihlobo

12.12.2016 / Agbiz in the news

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Government approves GM maize imports from the US

The head of Economic and Agribusiness Intelligence at the Agricultural Business Chamber, Wandile Sihlobo, called this decision ‘critical’, and forecast a strong correlation between the yellow maize price and the US price.
- www.sabreakingnews.co.za

07.12.2016 / Agbiz in the news

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SA agricultural sector vs economic growth figures

The country's economy grew slower than expected in the third quarter, dampening hopes of a recovery anytime soon.  SABC News interviewed Wandile Sihblobo of Agbiz.

07.12.2016 / Agbiz in the news

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South African agricultural sector remains in recession

Recent Gross Domestic Product (GDP) data shows that South Africa’s agricultural sector remains in recession. This is based on a negative growth of a seasonally adjusted annualised rate of -0.3% quarter-on-quarter in the third quarter of 2016.
- Wandile Sihlobo, Agbiz economist

06.12.2016 / News

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