News archive

News archive - March-2019

BUSA and the CCMA launch online platform to assist small businesses with labour law advice

Business Unity South Africa (BUSA), of which Agbiz is a member, recently launched an innovative, web-based resource on labour matters in conjunction with the CCMA. The web tool is designed to assist small businesses who do not have the resources required to hire in-house legal council or HR managers with key aspects relating to labour law. 

19.07.2019 / Agbiz in the news

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Is the National Ports Amendment Bill the solution to inefficiencies?

The draft National Ports Amendment Bill, published for comment last week Friday, seeks to give effect to the 'user-pays' principle by allowing the National Ports Authority to raise revenue through levies. The pros and cons of this approach should be carefully considered when public submission on the Bill are made. It is no secret that key agricultural commodities such as citrus, deciduous fruit, wool and others are banking on demand from overseas markets to maintain growth. South Africa's climatic conditions and sophisticated production methods position us well to produce these popular commodities, but any export-led growth strategy relies on an efficient port system to facilitate trade. Sadly, disruptions and an aging infrastructure have hampered this strategy of late. - Theo Boshoff, head of Agbiz Legal Intelligence

19.07.2019 / Agbiz in the news

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South Africa cannot afford to ignore economic benefits of cannabis legalisation

Cannabis has now been decriminalised in over 50 countries in the world, with others joining the bandwagon.
Canada has been one of the leading countries in developing the sector, with stocks such as Canopy Growth, Aurora Cannabis, and Aphria attracting attention. Many Canadian entrepreneurs and investors have been streaming into Lesotho and some are waiting for the floodgates of this new wealth to open across the continent. Green Fund estimates that the global cannabis market is worth $150bn and the forecast by Barclays places the value of the sector at $272bn by 2028.  Please click here to listen to a 702 radio interview with Wandile Sihlobo on this topic. - Agbiz chief economist Wandile Sihlobo and Prof. Mzukisi Qobo, associate professor at Wits Business School *Written for and first published in Business Day.

19.07.2019 / Agbiz in the news

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Minister Thoko Didiza tables budget vote in Parliament

The Minister of Agriculture, Land Reform and Rural Development Reform, Thoko Didiza, together with the deputy ministers, Mcebisi Skwatsha and Sdumo Dlamini, tabled the department's programmes implementation plans for the 2019/20 financial year during the budget vote speech on 16 July 2019. 

16.07.2019 / Agbiz in the news

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Biosecurity is key for export-led growth

Disease management remains a key aspect of South African agriculture, especially when it comes to livestock, as this industry is the greatest contributor to the sector, accounting for 51% of total production, Agbiz chief economist Wandile Sihlobo told agricultural journalists at the National Animal Health Forum (NAHF) and Agricultural Writers South Africa liaison workshop earlier this week. "For export activity to take off, biosecurity is key, considering the recent incidents of foot-and-mouth disease (FMD) that resulted in a ban on beef as well as wool exports." 

16.07.2019 / Agbiz in the news

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