News archive

News archive - June-2016

DTI partially reopens manufacturing incentive after months of inactivity

Agbiz CEO Dr John Purchase indicated that, while the agriculture sector welcomed government’s intention to establish a bespoke agroprocessing incentive, business had, nevertheless, “implored” the DTI to continue with the MCEP in the interim.
- www.polity.org.za

21.09.2016 / Agbiz in the news

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The biggest stumbling block for SA agriculture

Overall, policy uncertainty remains a key stumbling block for the South African agriculture sector and could potentially discourage investments over the foreseeable future, Agbiz said on Monday.
- www.fin24.com

21.09.2016 / Agbiz in the news

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Agriculture sector optimism moves to highest level since late 2014

Confidence in the recession-struck agricultural sector has jumped to its highest level in eight quarters, suggesting an expansion in South African agribusiness activity, an index showed on Monday.
- www.bdlive.co.za

20.09.2016 / Agbiz in the news

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Agbiz/IDC Agribusiness Confidence Index improves significantly in Q3 of 2016

After remaining below 50 index points for five consecutive quarters, the Agbiz/IDC Confidence Index recovered significantly in the third quarter of this year. This is the highest reading since the third quarter of 2014.

19.09.2016 / Agbiz in the news

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Coming harvest season recovery in doubt

 The debate about SA’s 2016/17 summer crop production has returned to the top of the agenda as we enter the new production season.
- www.businesslive.co.za

05.09.2016 / Agbiz in the news

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Maize production targets

South Africa is nearing its normal maize production targets. Wandile Sihlobo from Agbiz provides comment.
- ENCA

02.09.2016 / Agbiz in the news

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Grootplaas onderhoud met Agbiz CEO

Dr John Purchase van Agbiz het in die Grootplaas ateljee gekuier en gesels oor die Agbiz landboubesigheidsindeks en sakevertroue in die plaaslike landbousektor. 

29.08.2016 / Agbiz in the news

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South Africa’s crop production estimates paint a mixed picture

Recent data from the National Crop Estimate Committee (CEC) showed an upward revision in yellow maize production, up by 1% from the previous estimate to 4.2 million tons.

26.08.2016 / Agbiz in the news

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Drought has cost SA R2bn in lost exports

SA’s worst drought in decades has cost the country billions of rand in lost export revenue.  The country’s agricultural exports declined in 2015 for the first time in 10 years, Overall, the country’s agricultural exports shrank from R106bn in 2014 to R104bn in 2015, the business chamber said.
- www.bdlive.co.za

22.08.2016 / Agbiz in the news

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Farming sector needs positive thinking

The Agbiz/IDC Agribusiness Confidence index gauging the perception of agribusiness decision-makers in the second quarter of 2016 ticked up by four index points to 47. This shows that conditions are improving, albeit slightly, even though not yet at desired levels.
- www.bdlive.co.za

22.08.2016 / Agbiz in the news

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Agbiz/IDC Agribusiness Confidence Index slightly improves in Q2 of 2016

The Agbiz/IDC Confidence Index recovered by 4 index points in the second quarter of this year to 47. An index point below 50 indicates contraction in the South African agribusiness activity. The 47 index point suggests that agribusinesses are still holding a pessimistic view regarding business conditions.

01.08.2016 / Agbiz in the news

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Food inflation accelerates in line with market expectations

Recent data from Statistics South Africa indicates that in June 2016, headline inflation accelerated to 6.3% year-on-year (y/y) from 6.1% y/y in May 2016
- Wandile Sihlobo, Agbiz economist

20.07.2016 / Agbiz in the news

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SA may not be able to import enough white maize to meet demand

SA, which is set to produce the smallest maize crop since 2008 this year, may miss a target to import enough of the white variety this season to meet consumers' needs, the biggest agricultural lobby group said. -Bizcommunity

18.07.2016 / Agbiz in the news

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Zim-verbod op invoer is ‘rooi vlag’

Zimbabwe se verbod op die invoer van sekere voedsel- en ander produkte uit SA is “ ʼn rooi vlag” vir kleinhandelaars en mense in die betrokke waardekettings. Landbouweekblad

15.07.2016 / Agbiz in the news

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Agbiz Newsletter - 8 July

In this week's newsletter:
Brief comments on South Africa's white maize market; Land dynamics in Africa: What is the potential for expansion?; Prioritisation of South Africa's orange export markets in the Far East

08.07.2016 / News

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Abnormally high maize prices are temporary

Farmers must improve how they plan the next season’s buying, production and marketing strategies to minimise risks. There are growing concerns about the outlook of South Africa’s agriculture due to a number of macro-level risk factors. - Moneyweb 

08.07.2016 / Agbiz in the news

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Position available for Management Accountant at Agbiz

The purpose of this position is to provide professional advice and support to management, with regards to financial planning, budgeting, and reporting, to ensure that effective decisions are made.

06.07.2016 / Agbiz in the news

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Brexit

South Africa makes around R7.4billion per annum in export earnings from the UK as a result of an EU trade agreement. This is 25% of revenue that the country earns from the export of agricultural products to the European Union. Economist Wandile Sihlobo from Agbiz spoke to SAFM about this issue.

26.06.2016 / Agbiz in the news

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“Brexit” vote not an immediate game changer for RSA Agricultural Exports

Britain’s decision to vote to leave the European Union (EU) has sparked wider concerns regarding its existing trade engagements under the EU. For South African agriculture, the most exposed sectors to the British market are fruit and wine industries.

24.06.2016 / Agbiz in the news

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Highlights from the 26th IFAMA World Conference

The 26th IFAMA World Conference was hosted by IFAMA, the world-renowned Danish Food Cluster, and the Wageningen International Conference on Chain and Network Management in the picturesque city of Aarhus in Denmark. Dr John Purchase shares some of the highlighs.

24.06.2016 / Agbiz in the news

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