News archive

News archive - February-2013

PwC Agribusinesses Insights Survey 2013/2014

The vision of this publication is to provide thought leadership and add value in the agricultural industry: firstly, to support the business leaders in agribusiness to better understand their own industry through valuable benchmarking information; secondly to provide a solid economic overview of the agribusiness industry for any other interested readers.

24.03.2014 / Agbiz in the news

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GOSA Symposium - 19-20 March 2014

Presenting at the GOSA Symposium on 19 March in Mossel Bay, Agbiz CEO Dr John Purchase addressed food security against the background of global population growth and the SADC Regional Agricultural Policy.

21.03.2014 / Agbiz in the news

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Agbiz/IDC Confidence Index shows slight drop in confidence in the first quarter

The results for the quarterly constructed Agbiz / IDC Agribusiness Confidence Index indicated a slight drop in confidence in the first quarter of 2014. It is a mere 7% down from the preceding quarter and only 4% down since the first quarter of 2013.

07.03.2014 / Agbiz in the news

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Grondeise: SA kan dit nie bekostig – kenners

Kenners meen die land kan nie die heropening van grondeise bekostig nie. Volgens hulle gaan voedselsekerheid daaronder ly en die moontlikheid bestaan dat talle boere die land sal verlaat.    

07.03.2014 / Agbiz in the news

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Feedback on the proceedings of the East Africa Agribusiness Congress

Agbiz attended the Agribusiness East Africa Conference that was held on the 28th and 29th January 2014 in Tanzania. Organised by SP Intelligent, the event offered key insights into agricultural investment opportunities in Tanzania and the Eastern African region.

20.02.2014 / Agbiz in the news

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Agbiz on Employment Tax Incentive

Statistics show that about 50% of South Africa’s young people under the age of 25 are unemployed and the unemployed youth account for about 30% of total unemployment. The Employment Tax Incentive effectively shares the costs of certain categories of employment between the Government and employers.

 

17.02.2014 / Agbiz in the news

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Employment Tax Incentive leaflet

What is the Employment Tax Incentive (ETI)?

It is an incentive aimed at encouraging employers to hire young and less experienced work seekers. It reduces an employer’s cost of hiring young people through a cost-sharing mechanism with government, while leaving the wage the employee receives unaffected. The employer can claim the ETI and reduce the amount of Pay-As-You-Earn (PAYE) tax payable by the amount of the total ETI calculated in respect of all qualifying employees. This incentive came into effect on 1 January 2014.

14.02.2014 / Agbiz in the news

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Rentekoers se groot knyp kom eers later

Die Monetêre Beleidskomitee het op 29 Januarie besluit om die rentekoers met 50 basispunte verhoog, wat die repokoers op 5,5% te staan bring en die prima rentekoers op 9%.

14.02.2014 / Agbiz in the news

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Produktiwiteit en inligtingsbestuur belangrik vir landbou

Skaalekonomie en doeltreffendheid in die voorsieningsketting gaan nie alle landbou-ondernemings se probleme oplos nie.

14.02.2014 / Agbiz in the news

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Negotiating the intricacies of trade agreements

South Africa’s trade agreements have come under the spotlight recently, with government cancelling many bilateral investment treaties with countries abroad.

09.02.2014 / Agbiz in the news

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Unexpected interest rate increase

The Monetary Policy Committee yesterday (29 January 2014) announced an increase of 50 basis points in interest rates, bringing the repo rate to 5,5% and the prime interest rate to 9%. The MPC had to consider the local economic pressures, defined by concerning growth outlooks, low credit extension, capital outflows, increased current account deficit, job losses and the low gross fixed capital formation in the private sector. As it is the Reserve Bank’s primary responsibility to keep inflation under control, the main overarching influencers to the decision, is the continuing upside pressures on the inflation outlook together with the depreciating currency.

30.01.2014 / Agbiz in the news

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