Section 25 of the Constitution makes provision for ‘just and equitable’ compensation to be paid for property expropriated for a public purpose or in the public interest - Theo Boshoff, Agbiz Head: Legal Intelligence
06.10.2017 / Agbiz in the news
MoreContrary to expectations, SA wheat production estimates revised upward Contrary to market expectations of a decline in South Africa’s 2017 second wheat production estimate, the National Crop Estimate Committee boosted its view by 7% from the previous estimate to 1.7 million tonnes - WandileSihlobo, Agbiz economist
28.09.2017 / Agbiz in the news
MoreAlthough food and non-alcoholic beverages inflation decelerated to 5.7% year on year in August — its lowest level since November 2015 — the average hides wide disparities in the basket. For instance, meat recorded a 15% year-on-year increase, its highest inflation level since December 2011 – Wandile Sihlobo, Agbiz economist
28.09.2017 / Agbiz in the news
MoreThe African continental market is projected to have 1.36 billion people with income levels rising to 6 300 US$ per capita by year 2022 (PPP based - IMF, 2017) - Sifiso Ntombela, Agbiz Head: Trade and Investment Intelligence
28.09.2017 / Agbiz in the news
MoreFood products price inflation decelerated to 1.9% y/y in August 2017, from 3.3% y/y in July 2017 - Wandile Sihlobo, Agbiz economist
28.09.2017 / Agbiz in the news
MoreDespite a stated commitment by government and private sector to change the ownership patterns of land in South Africa, there is growing sentiment amongst black people especially that land reform is not taking place as quickly as it should. This has led to calls from ‘expropriation without compensation’ to ‘return the land’ on social media and other platforms - Dr John Purchase (Agbiz CEO) and Theo Boshoff (Agbiz Head: Legal Intelligence)
22.09.2017 / Agbiz in the news
MoreFood inflation decelerated to 5.7% y/y in August 2017, from 6.8% y/y in the previous month. This is the lowest levels since November 2015 - thanks to good summer rain, which led to a higher agricultural output - Wandile Sihlobo, Agbiz economist
20.09.2017 / Agbiz in the news
MoreOn 4 October 2017, fuel prices could increase for a third consecutive month and reach the highest level in three years. The prices of diesel and petrol could each increase by 3% from the previous month, partly driven by an uptick in crude oil prices - Wandile Sihlobo, Agbiz economist
19.09.2017 / Agbiz in the news
MoreAlthough the agricultural sector emerged as an anchor of South Africa’s economy in the second quarter of this year growing by 33.6% quarter-on-quarter, a closer observation shows that things are not all rosy - Wandile Sihlobo, Agbiz economist
14.09.2017 / Agbiz in the news
MoreSifiso Ntombela has been appointed head of trade and investment intelligence at Agbiz as of 1 September 2017. “In Sifiso we have found a well-qualified, experienced and self-driven person that can contribute considerably to the value proposition Agbiz offers its members,” said Agbiz CEO, Dr John Purchase.
08.09.2017 / Media Releases
MoreSifiso Ntombela has been appointed head of trade and investment intelligence at Agbiz as of 1 September 2017.
07.09.2017 / Agbiz in the news
MoreThe sustained good performance in the domestic currency over the past few months, coupled with a large domestic grain and oilseed harvest boosted tractor sales in August 2017 - Wandile Sihlobo, Agbiz Economist
07.09.2017 / Agbiz in the news
MoreThe Department of Water and Sanitation recently held a national consultation on the proposed raw water charges for the 2018/2019 financial year - Theo Boshoff, Agbiz Head: Legal Intelligence
07.09.2017 / Agbiz in the news
MoreBRICS vision to deepen cooperation and trade for common development was this year boosted by the extension of the invitation to five non-members, which are Tajikistan, Mexico, Thailand, Egypt and Kenya - Sifiso Ntombela, Agbiz head international trade and investment intelligence
07.09.2017 / Media Releases
MoreBRICS vision to deepen cooperation and trade for common development was this year boosted by the extension of the invitation to five non-members, which are Tajikistan, Mexico, Thailand, Egypt and Kenya - Sifiso Ntombela, Agbiz head international trade and investment intelligence
07.09.2017 / Agbiz in the news
MoreThe second quarter agricultural GDP figures confirm that the sector is eventually out of the woods. Data released this morning showed that the sector grew by 33.6% q/q in the second quarter of 2017, which is significantly higher than the 22.2% q/q recorded in the first quarter of this year - Wandile Sihlobo, Agbiz Economist
05.09.2017 / News
MoreThe second quarter agricultural GDP figures confirm that the sector is eventually out of the woods. Data released this morning showed that the sector grew by 33.6% q/q in the second quarter of 2017, which is significantly higher than the 22.2% q/q recorded in the first quarter of this year - Wandile Sihlobo, Agbiz Economist
05.09.2017 / Agbiz in the news
MoreThe third quarter results of the Agbiz/IDC Agribusiness Confidence Index underline the sector’s reputation of being counter-cyclical. Although confidence in other sectors of the economy remains subdued, the agribusiness sector is still optimistic about business conditions in the country - Wandile Sihlobo, Agbiz economist
04.09.2017 / Agbiz in the news
MoreThe third quarter results of the Agbiz/IDC Agribusiness Confidence Index underline the sector’s reputation of being counter-cyclical - Wandile Sihlobo, Agbiz economist
04.09.2017 / Media Releases
MoreI recently tweeted a chart showing a long-term trend of South Africa’s maize prices and the message behind it was that the price of a tonne of maize declined by roughly 60% year-on-year in July 2017 - Wandile Sihlobo, Agbiz economist
01.09.2017 / Agbiz in the news
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