News archive

News archive - July-2017

PPI UPDATE: SA food products price inflation decelerates to 1.9% y/y

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

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Why taking land without compensation is a bad idea

Despite 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

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SA food inflation falls to the lowest level in 21 months

Food 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

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Next month fuel prices could reach the highest level in three years

On 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

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