Agbiz CEO Dr John Purchase indicated that, while the agriculture sector welcomed government’s intention to establish a bespoke agroprocessing incentive, business had, nevertheless, “implored” the DTI to continue with the MCEP in the interim. - www.polity.org.za
Overall, policy uncertainty remains a key stumbling block for the South African agriculture sector and could potentially discourage investments over the foreseeable future, Agbiz said on Monday. - www.fin24.com
Confidence in the recession-struck agricultural sector has jumped to its highest level in eight quarters, suggesting an expansion in South African agribusiness activity, an index showed on Monday. - www.bdlive.co.za
After remaining below 50 index points for five consecutive quarters, the Agbiz/IDC Confidence Index recovered significantly in the third quarter of this year. This is the highest reading since the third quarter of 2014.