News archive

News archive - July-2017

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


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


Western Cape drought and declining confidence weigh on farmers

Although 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


Agbiz appoints new head of trade and investment intelligence

Sifiso 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


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