News archive

News archive - July-2017

40 000 job cuts recorded in SA agriculture in Q2, 2017

After cutting 44 000 jobs in the first quarter of 2017, South Africa’s agricultural sector saw a further 40 000 jobs lost in the second quarter – putting the total labour force at 835 000 jobs. However, it is worth noting that this is in line with the season’s trend due to reduced horticultural activity in the second quarter - Wandile Sihlobo, Agbiz economist

07.08.2017 / Agbiz in the news

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SA food producer price inflation decelerates to 4.7% y/y

The annual food producer price inflation decelerated to 4.7% y/y in June 2017, from 5.7% y/y in May 2017. This shows the benefits of the higher agricultural output this year following good summer rainfall across the country - Wandile Sihlobo, Agbiz economist

27.07.2017 / Agbiz in the news

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South Africa well on track for a record maize harvest

The National Crop Estimate Committee revised its maize production estimates up by 2% from the previous month to 15.97 million tonnes - Wandile Sihlobo, Agbiz economist.

27.07.2017 / Agbiz in the news

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A 2% uptick in fuel price on the cards in August 2017

After experiencing two consecutive monthly declines, fuel price is set to increase on 2 August 2017. A notable uptick will be on diesel price which could be 2% from the previous month, whereas petrol might increase by a mere 0.6% - Wandile Sihlobo, Agbiz Economist

17.07.2017 / Agbiz in the news

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