News archive

News archive - January-2014

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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Hoe raak 'n nasionale minimum loon die landbou?

Die ANC het die moontlike instelling van ’n nasionale minimum loon as een van sy doelwitte vir die volgende vyf jaar gelys. Landbouweekblad het met ’n paar belanghebbendes  gepraat om uit te vind hoe die dié stap die landbousektor kan beïnvloed.

24.01.2014 / Agbiz in the news

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Hoe vaar SA ekonomie tydens demokrasie

Vanjaar vier Suid-Afrika 20 jaar as demokrasie en baie mense se lewenstandaard het aansienlik verbeter. Maar hoe lyk die groot prentjie? Hoe het die land wérklik op ekonomiese gebied gevaar?  Dr. John Purchase en dr. Koos Coetzee was dapper genoeg om in die kristalbal te gaan loer en ’n paar voorspellings oor pryse te waag 
vir die jaar wat voorlê.  » More

Politiek en weer knou vertroue in landbousake

Die landbousakekamer Agbiz verwag ’n verdere afplatting van landbousakevertroue in 2014.  Dr. John Purchase, uitvoerende direkteur, en me. Lindie Stroebel, bestuurder van ekonomiese inligting, sê in ’n vooruitskouing vir die nuwe jaar landbousakevertroue was positief in die eerste helfte van 2013, maar die indeks het later in die jaar  ’n daling getoon. » More

Agribusiness Intelligence

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Agribusiness CompetivenessAs Agbiz negotiates for an enabling environment for agri -businesses, it can basically be referred to that Agbiz is negotiating to improve the competitiveness of the sector.

To measure how competitive the agribusiness sector in South Africa is, Agbiz assesses how successful the sector sells its products over time in the local and global environment. The Relative Trade Advantage method, as originally developed by Balassa (1977, 1989) and extended by Volrath (1991), allows for the measurement of competitiveness under real world conditions such as uneven economic “playing fi elds”, distorted economies and different trade regimes and is therefore the most suited for measuring the competitiveness status

08.01.2014 / Agbiz in the news

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Agbiz / IDC Agribusiness Confidence index dropped by 20%

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The Agricultural Business Chamber (Agbiz), with the support of the Industrial Development Corporation (IDC), constructs the Agbiz / IDC Agribusiness Confidence Index on a quarterly basis.

 

12.12.2013 / Agbiz in the news

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Can SA farmers feed demand?

Farmers.jpg SA FARMERS are about to hit a sweet spot, one that could cause net farm income to rise steeply over the next decade, but farmers are not gearing up to take full advantage of the bumper years that are on the way.

From 1975 to 2005, food prices showed a long-term structural decline. Then prices started rising, spiking in 2007, in 2009 and again in 2011, by which time the global food price index had hit 200 - double its level at the start of the 2000s. The consensus is that the great 30-year decline is over: food prices will maintain this high plateau.

12.12.2013 / Agbiz in the news

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Agbiz optimistic about outlook for 2014

The Absa AgriBusiness outlook, released this week, is optimistic about the industry in 2014.

Agbiz says in its latest newsletter the macro-economic environment is favourable and provides opportunity for South African agriculture to utilise low interest rates to increase their capital expenditure towards improving efficiencies and productivity.

12.12.2013 / Agbiz in the news

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Engagements between government, business and labour now more critical than ever

Engagements between Government, Business and Labour now critical more than ever

The need to intensify the engagement of government and business on labour market issues has become critical given the disappointing economic growth in th e last quarter of 2013. With growth now estimated at 0.7% in the fourth quarter, the annual growth forecasts have been revised downward to 1.9%.

28.11.2013 / Media Releases

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Cape Town to host International Agribusiness Conference

The World Forum of the International Food and Agribusiness Management Association (IFAMA) will see 450 delegates spend four days at the Cape Town International Convention Centre in June 2014.

IFAMA is an international management organization that brings together current and future business, academic and government leaders to improve the strategic focus, transparency sustainability and responsiveness of the global food and agribusiness system.

20.11.2013 / Agbiz in the news

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No secrecy surrounding AFGRI investors

The mystery surronding the identity of shareholders of AgriGroup,a consortium of investors that has put in a R2,4 billion takeover offer for agricultural group Afgri,and their as yet unnamed  BEE partners, has given rise to suspicion in some circles.

To download this article, click here.

Go-ahead for biofuels

Biofuel blending will increase the demand for canola,sorghum and soya beans in South Africa.

Denene Erasmus reports. To download this article, click here.

A cold, wet but wonderful Agri Mega Week

Despite rain, mud and some very cold weather Agri Mega Week succesfully celebrated its 21st anniversary recentlywith an expo dedicated to the theme 'Agriculture for Job Creation'. To download this article, click here.

Cape farm strikes 'a watershed'

THE farm workers’ strike that began in the Western Cape hamlet of De Doorns last year will go down with the tragic events of Marikana and Sondela as a watershed in South Africa’s labour history, according to Potchefstroom Business School special adviser Theo Venter.

The events demonstrated there was "no unity of vision in the ANC (African National Congress)" government, Mr Venter said at an agricultural outlook conference in Pretoria on Monday.

01.10.2013 / Agbiz in the news

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Landbou verloor beleggings weens stakings

Pretoria. – Die gevaarligte begin flikker vir beleggings in die Suid-Afrikaanse landbousektor.

Dié waarskuwing is gerig in ’n paneelbespreking op die AMT Landbou-vooruitskouingskonferensie wat Maandag in Pretoria gehou is.

Groter onsekerheid oor arbeidsonrus en die uitkoms van grondhervorming begin sy tol eis en kan selfs teenproduktief vir die regering se groeidoelwitte wees, het kenners gewaarsku.

Kapitaalbeleggings in die landbou het sedert die 1980’s in reële terme afgeneem, sê dr. John Purchase, uitvoerende hoof van die landbousakekamer Agbiz.

30.09.2013 / Agbiz in the news

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DPO Kongres: John Purchase - Verbruiker vra groter aandag

ghebbendes in die landbou moet die verwagte groei in dié sektor benut om veral in die verbruiker se toenemende verwagtings en behoeftes te voorsien, sê dr. John Purchase, uitvoerende direkteur van die landbousakekamer Agbiz.

Volgens Purchase moet die bedryf hom só inrig, veral gesien teen die agtergrond dat die vooruitsigte vir ekonomiese groei op internasionale en plaaslike vlak oor die volgende paar jaar nie besonder rooskleurig is nie.

Afrika sal na verwagting oor die volgende 90 jaar die hoogste bevolkingsaanwas toon met sy bevolking wat drievoudig tot 3,6 miljard in 2100 sal toeneem.

20.09.2013 / Agbiz in the news

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21ste Agri Megaweek: Landbou vir werkskepping

“Landbou vir Werkskepping” is die tema van die 21ste Agri Megaweek wat vanaf 18 tot 21 September by die Megapark op Bredasdorp gehou word.

Die keuse vir hierdie tema is tersaaklik gesien in die lig van die Regering se Nasionale Ontwikkelingsplan wat die landbou sien as dié sektor vir werkskepping. “Met die huidige tempo van werkverliese is die tyd vir oplossings en samewerking vir volhoubare werkskepping in die landbou uiters belangrik,” sê mnr. Orton King, uitvoerende direkteur van die Agri Mega-groep.

13.09.2013 / Agbiz in the news

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Reserwebank ingelig: Onsekerhede maak beleggers langtand

Die nasionale verkiesing volgende jaar en gepaardgaande politieke ontwikkelings veroorsaak onsekerhede en ontwrigtings wat beleggers huiwerig maak om in die landbou te belê.

Volgens me. Lindie Stroebel, bestuurder van ekonomiese inligting by die landbousakekamer Agbiz, skep verskeie beleidsontwikkelings ook verdere onsekerheid wat beleggers se geldelike aptyt demp en likiditeit beïnvloed.

Dit gebeur omdat aanbiedinge byvoorbeeld nie op plase gemaak kan word waarop daar grondeise is nie.

Agbiz was onlangs deel van ’n verteenwoordigende groep uit die georganiseerde landbou wat met me. Gill Marcus, president van die Reserwebank, vergader het oor faktore wat landboubeleggings in Suid-Afrika strem.

16.08.2013 / Agbiz in the news

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Vakbondleiers praat dalk by AMT

Twee leiers van vakbonde wat aan die arbeidsonrus in die landbou deelgeneem het, is na die landbouvooruitskouingskonferensie op 30 September in Pretoria genooi.

Die paneelbespreking wat op vanjaar se AMT-konferensie beoog word, word beskryf as een van die hoogtepunte by die WNNR se internasionale konvensiesentrum.

Mnr. Tony Ehrenreich, sekretaris van Cosatu in die Wes-Kaap, en mnr. Katishi Masemola, sekretaris-generaal van die Food and Allied Workers Union, is genooi om aan die bespreking deel te neem. Die twee vakbonde en Ehrenreich is in verskeie mediaberigte oor die plaaswerkerstaking verlede jaar en begin vanjaar in die Wes-Kaap genoem.

02.08.2013 / Agbiz in the news

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