News archive

News archive - February-2013

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


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


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


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


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


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


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

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


Agbiz / IDC Agribusiness Confidence index dropped by 20%

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


Can SA farmers feed demand?

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


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


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


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


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.

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