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
South Africa’s annual food and beverages inflation fell to 8.7% year-on-year (y/y) in March 2017 from 9.9% in February 2017 - the lowest level in 14 months - Fin24
21.04.2017 / Agbiz in the news
On 24 March the Department of Water and Sanitation promulgated regulations laying out the procedure that will need to be followed by an applicant seeking a water use license in terms of the National Water Act - Theo Boshoff, Agbiz
21.04.2017 / Agbiz in the news
South Africa’s annual food and beverages inflation fell to 8.7% year-on-year in March 2017, which is the lowest level in 14 months - Wandile Sihlobo
19.04.2017 / Agbiz in the news
The weaker ZAR/USD exchange and higher Brent crude oil prices means agribusinesses and farmers could be paying 3% more for a litre of diesel next month.
- Wandile Sihlobo
18.04.2017 / News
SA’s combined harvester sales continue to show strong growth ahead of a bumper crop this season, Agbiz said this week. However, optimism in the agricultural machinery market may be short-lived as the weaker rand could increase the cost of equipment.
10.04.2017 / Agbiz in the news
The dramatic political developments of the past week, and the consequential and expected downgrading of SA’s investment grade to so-called junk status, is seriously bad news for the agricultural and agribusiness ....
- Dr John Purchase, CEO of Agbiz
07.04.2017 / Media Releases
South Africa’s wheat import tariff has been revised down to R1 190.19 per tonne, which is a 25% decline from the rate of R1 591.40 per tonne.
- Wandile Sihlobo, Agbiz economist
31.03.2017 / Agbiz in the news
South Africa is set to harvest the second biggest maize crop on record. This comes after the National Crop Estimate Committee revised up its forecast by 3% from the previous one to 14.32 million tonnes.
- Wandile Sihlobo
28.03.2017 / News
SA’s unusually high food price inflation was expected to drop to single digits for the first time in a year, economists predicted. The downward trend is expected to continue despite another drought being forecast for later in 2017.
- Supermarket and Retailer
22.03.2017 / Agbiz in the news
The optimism and desired growth in the agricultural sector could be short lived if South Africa delays in endorsing a unified and responsible policy stance.
21.03.2017 / Agbiz in the news
Government wants to ban foreigners from buying agricultural land. Arabile Gumede (The Money Show) interviewed Theo Boshoff (Manager: Legal Intelligence at Agricultural Business Chamber). Listen to the interview in the audio below:
20.03.2017 / Agbiz in the news
Amid recent calls to amend property clause in constitution to allow expropriation of farmland without compensation, one cannot help but wonder whether original purpose of provision is not being lost amongst political rhetoric...
- Theo Boshoff, Manager: Legal Intelligence, Agbiz
09.03.2017 / Agbiz in the news
Die landbou was steeds in die laaste kwartaal van verlede jaar in ʼn resessie, maar die vooruitsigte vir vanjaar lyk goed. Só sê mnr. Wandile Sihlobo, landbou-ekonoom van die landbousakekamer Agbiz.
08.03.2017 / Agbiz in the news