South Africa’s agricultural sector saw 44 000 job cuts in the first quarter of this year from the last quarter of 2016 - putting the sector’s total labour force at 875 000 jobs - Wandile Sihlobo, Agbiz economIst
02.06.2017 / Agbiz in the news
Agbiz CEO Dr John Purchase speaks about the positive aspects of this year’s Nampo Harvest Day expo.
01.06.2017 / Agbiz in the news
After the CEC revised its maize production forecast to 14.54 million tonnes in April, it has further lifted its forecast to 15.63 million tonnes – making this season’s crop the largest on record - Wandile Sihlobo, Agbiz economist
31.05.2017 / News
The notable uptick in agricultural production has kept market prices under pressure over the past few months and food processors continue to benefit from this improvement - Wandile Sihlobo, Agbiz economist
25.05.2017 / Agbiz in the news
Last month’s deceleration in food inflation, to 6.7% y/y, means that South Africa’s food prices are at the lowest levels in 18 months. This is a reflection of the benefits of higher agricultural output this year following good weather conditions across the country - Wandile Sihlobo, Agbiz economist
24.05.2017 / News
Diesel (0.05% Wholesale Inland) and petrol (95 ULP Inland) prices could decline by 21 cents per litre (c/l), respectively, on 7 June 2017 - Wandile Sihlobo, Agbiz economist.
17.05.2017 / Agbiz in the news
South Africa’s Crop Estimate Committee (CEC) reaffirmed its expectation of the second biggest maize crop on record in 2017. The CEC revised up its forecast by 1% from the previous one to 14.54 million tonnes - Wandile Sihlobo, Agbiz
25.04.2017 / News
As the dust settles on the past month’s dramatic political developments and the much publicised investment downgrades by the rating agencies Standard and Poor’s (S&P) and Fitch to so-called junk status, reality sets in and we have to determine what the probable impact will be, and more importantly, how we deal with this less than satisfactory situation - Dr John Purchase, Agbiz
24.04.2017 / News