A fragile international economy, slow economic growth rate, the high cost of doing business in South Africa and political uncertainties will be some of the factors influencing the trading environment for agribusinesses in the coming year.
This was according to the Agricultural Business Chamber’s economic intelligence manager, Lindie Stroebel, who recently published a report on the outlook and expectations for local agribusinesses for 2012.
10.02.2012 / Agbiz in the news
Transnet is forging ahead with its decision to implement an 18,06% port tariff increase for the 2012/13 financial year. It has defended the proposed stiff hike, saying it’s necessary to tackle an infrastructure backlog in rail, ports and pipelines.
The increase will, however, have serious repercussions for farmers and comes on the back of soaring electricity and fuel prices. SA’s ports, and especially the container terminals, are already among the most expensive in the world despite their poor productivity record.
03.02.2012 / Agbiz in the news