Food 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
MoreDecember 2017 will be the make or break point for land reform in South Africa. After more than twenty years into democracy, the country’s policies that drive transformation in various sectors of the economy has not quite lived up to its promise and nowhere is this more acutely felt than in the agricultural sector where time and patience is running out for the promise of access to land made more than 20 years ago - Theo Boshoff, Agbiz Head: Legal Intelligence
01.09.2017 / Agbiz in the news
MoreAfter the National Crop Estimate Committee revised its maize production forecast to 15.69 million tonnes in July, it has further lifted its forecast to 16.41 million tonnes – making this season’s crop the largest on record. As indicated in our previous notes, this big crop means South Africa would, ideally, export over 4.0 million tonnes of maize in total for the 2017/18 season - Wandile Sihlobo, Agbiz economist
30.08.2017 / Agbiz in the news
MoreFood inflation decelerated to 6.8% y/y in July 2017, from 6.9% y/y in the previous month. This mirrors the benefits of the higher agricultural output following good summer rainfall across the country - Wandile Sihlobo, Agbiz economist
23.08.2017 / Agbiz in the news
MoreDespite the worst drought in more than a decade, the South Africa’s agricultural sector recorded a positive trade balance of US$2.3 billion in 2016 . This was boosted by growth in exports of edible fruits, beverages, spirits and vegetables - Wandile Sihlobo - Agbiz economist
22.08.2017 / Agbiz in the news
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