News archive

News archive - May-2019

Agbiz chief economist ranked amongst Top 200 Young South Africans

Agbiz chief economist Wandile Sihlobo was nominated as one of Mail & Guardian's Top 200 Young South Africans. The names of 200 trailblazing young South Africans was announced at a gala event in Sandton.

05.07.2019 / Agbiz in the news

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Practical steps to make the SONA vision a reality

The State of the Nation address delivered by President Ramaphosa set out five fundamental goals for South Africa. Three of these goals, namely; eliminating hunger, growing the economy faster than the population growth rate and creating 2 million job opportunities, are partially premised on economic growth in the agricultural and agribusiness subsectors. To enable the private sector to grow and create job opportunities, the President stressed the need to improve the ease and speed of doing business. As a business association, this is music to our ears. To get the ball rolling, a few quick-wins are listed that should be prioritised to improve business conditions for the agribusiness sector. - Theo Boshoff, Agbiz head of Legal Intelligence

28.06.2019 / Agbiz in the news

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Agbiz’s reaction on the SONA

“In these tough economic times, it was refreshing to hear President Ramaphosa’s recommitment to placing South Africa’s economic growth at the forefront of the sixth administration's agenda,” an Agbiz spokesperson said. “We were also pleased to hear the president’s re-emphasis of the need to implement the National Development Plan (NDP) and the country’s commitment to vision 2030. In this vision, the agricultural value chain plays a crucial role in the growth and stability of rural economies.” Agbiz has long supported and argued for the implementation of Chapter six of the NDP over the past few years as it is the roadmap to inclusive growth in the sector and will address the triple challenges of poverty, unemployment and inequality. - Agbiz media statement issued on 20 June 2019

21.06.2019 / Media Releases

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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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