News archive

News archive - April-2017

SA agricultural economy now showing signs of recovery

The agricultural GDP has landed in positive territory for the first time since 2014, driven by a robust recovery in agricultural production - Wandile Sihlobo, Agbiz economist

06.06.2017 / Agbiz in the news

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SA to set sights on Asia after bumper maize crops in Africa

It looks like Africa is well supplied and if Africa needs maize, with the likes of Kenya and Burundi - Wandile Sihlobo, Agbiz economist

05.06.2017 / Agbiz in the news

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SA agriculture saw notable job cuts in Q1, 2017

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

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John Purchase on NAMPO Harvest Day

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

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South Africa set to harvest the biggest maize crop on record

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

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SA’s annual food producer price inflation falls

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

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SA’s annual food inflation falls to the lowest level in 18 months

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

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SA agricultural sector likely to get a 2% relief on diesel price next month

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

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