News archive

News archive - February-2016

The CEC reaffirmed its view of large maize and soybean supplies this season

South Africa’s Crop Estimate Committee (CEC) reaffirmed its expectation of the second biggest maize crop on record in 2017. The CEC revised up its forecast by 1% from the previous one to 14.54 million tonnes - Wandile Sihlobo, Agbiz

25.04.2017 / News

More

Junk status and its influence on agriculture

As the dust settles on the past month’s dramatic political developments and the much publicised investment downgrades by the rating agencies Standard and Poor’s (S&P) and Fitch to so-called junk status, reality sets in and we have to determine what the probable impact will be, and more importantly, how we deal with this less than satisfactory situation - Dr John Purchase, Agbiz

24.04.2017 / News

More

Sugar, milk, meat price hikes could stay high

South Africa’s annual food and beverages inflation fell to 8.7% year-on-year (y/y) in March 2017 from 9.9% in February 2017 - the lowest level in 14 months - Fin24

21.04.2017 / Agbiz in the news

More

Regulations published on the procedural requirements for water license applications

On 24 March the Department of Water and Sanitation promulgated regulations laying out the procedure that will need to be followed by an applicant seeking a water use license in terms of the National Water Act - Theo Boshoff, Agbiz

21.04.2017 / Agbiz in the news

More

SA’s annual food inflation falls to the lowest level in 14 months

 South Africa’s annual food and beverages inflation fell to 8.7% year-on-year in March 2017, which is the lowest level in 14 months - Wandile Sihlobo

19.04.2017 / Agbiz in the news

More

SA agricultural sector likely to pay 3% more for diesel next month

The weaker ZAR/USD exchange and higher Brent crude oil prices means agribusinesses and farmers could be paying 3% more for a litre of diesel next month.
- Wandile Sihlobo

18.04.2017 / News

More

Copyright © 2017 by Agricultural Business Chamber