News archive

News archive - February-2014

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


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


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


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


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


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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