News archive

News archive - April-2017

Draft Intellectual Property Policy, phase 1 released for public comment

On 8 August, the Department of Trade and Industry released phase 1 of the draft Intellectual Property Policy for public comment.  The draft policy seeks to facilitate the National Development Plan’s goal of migrating South Africa from a resource-intensive economy to a knowledge economy - Theo Boshoff, Head: Agbiz Legal Intelligence

11.08.2017 / Agbiz in the news

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40 000 job cuts recorded in SA agriculture in Q2, 2017

After cutting 44 000 jobs in the first quarter of 2017, South Africa’s agricultural sector saw a further 40 000 jobs lost in the second quarter – putting the total labour force at 835 000 jobs. However, it is worth noting that this is in line with the season’s trend due to reduced horticultural activity in the second quarter - Wandile Sihlobo

07.08.2017 / Agbiz in the news

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SA tractor sales saw a notable uptick in July 2017

The good performance in the domestic currency in June and early part of July, coupled with expected large domestic grain and oilseed harvest boosted the tractor sales in July 2017. The sales were recorded at 502 units – up by 5% from June 2017 and 11% higher than the corresponding period last year - Wandile Sihlobo, Agbiz economist

07.08.2017 / Agbiz in the news

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40 000 job cuts recorded in SA agriculture in Q2, 2017

After cutting 44 000 jobs in the first quarter of 2017, South Africa’s agricultural sector saw a further 40 000 jobs lost in the second quarter – putting the total labour force at 835 000 jobs. However, it is worth noting that this is in line with the season’s trend due to reduced horticultural activity in the second quarter - Wandile Sihlobo, Agbiz economist

07.08.2017 / Agbiz in the news

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SA food producer price inflation decelerates to 4.7% y/y

The annual food producer price inflation decelerated to 4.7% y/y in June 2017, from 5.7% y/y in May 2017. This shows the benefits of the higher agricultural output this year following good summer rainfall across the country - Wandile Sihlobo, Agbiz economist

27.07.2017 / Agbiz in the news

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South Africa well on track for a record maize harvest

The National Crop Estimate Committee revised its maize production estimates up by 2% from the previous month to 15.97 million tonnes - Wandile Sihlobo, Agbiz economist.

27.07.2017 / Agbiz in the news

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A 2% uptick in fuel price on the cards in August 2017

After experiencing two consecutive monthly declines, fuel price is set to increase on 2 August 2017. A notable uptick will be on diesel price which could be 2% from the previous month, whereas petrol might increase by a mere 0.6% - Wandile Sihlobo, Agbiz Economist

17.07.2017 / Agbiz in the news

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Solid performance in SA agricultural machinery market

The South African machinery sales remain vibrant compared to the same period last year. This is largely attributed to the strong recovery in agricultural production, says Wandile Sihlobo, Agbiz economist.

12.07.2017 / Media Releases

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