News archive

News archive - August-2010

Struggling farmers urged to diversify

Farmers rattled by rising input costs and falling commodity prices are being

urged to diversify and cash in on the growing agricultural tourism, or agritourism,

market.

According to estimates from GrainSA, an association representing farmers growing soya

beans, sunflower, maize and wheat, between 20% and 30% of its members face bankruptcy.

The association's members have four million tons of maize surpluses in silos.

By the government's own admission, nine out of 10 farms have degenerated to a lack of

productivity. Statistics show that the number of farms has declined by 20000 since 1993,

leaving 300000 workers without jobs. Employment in the sector has dropped from more than

a million to 796800.

19.09.2010 / Agbiz in the news

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Probleme met kontantvloei druk vertroue in landbou af

Kaapstad. - Die Landboubesigheidskamer (LBK) en die Nywerheidsontwikkelingskorporasie (NOK) se kwartaallikse vertrouensindeks vir landbou-ondernemings toon die vertroue in die derde kwartaal is 53% hoër as in die ooreenstemmende kwartaal verlede jaar, maar dit beteken nie alles in die sektor gaan voor die wind nie.

Gemeet aan die tweede kwartaal van vanjaar het die indeks met 5% gedaal. Die indeks staan nou op 53 punte.

Me. Lindie Stroebel, ekonoom by die LBK, sê die daling plaas ’n demper op die groot vordering sedert verlede jaar. Hoewel nog dalings in die vertrouensindeks nie verwag word nie, wys dit dat vertroue steeds aan die lae kant kan bly.

09.09.2010 / Agbiz in the news

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Cosatu het radikale ekonomieplan

Cosatu wil ingrypende veranderings in die Suid-Afrikaanse ekonomie sien.

Dít blyk uit ’n nuwe voorstel­beleidsdokument wat die vakverbond binnekort wil bekend maak.

In dié dokument vra Cosatu onder meer om die volgende:

- ’n Superbelasting vir ryk individue. Dié belasting moet gehef word op die 10% van die werkmag wat die meeste geld verdien. Dis nog nie duidelik hoe dié 10% geïdentifiseer gaan word nie en hoe dit toegepas gaan word nie.

05.09.2010 / Agbiz in the news

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Cosatu calls for business overhaul

Johannesburg - Labour federation Cosatu has put together a policy proposal document

calling for a radical revamp to how the country does business.

The proposed sweeping legislation changes include new taxing of the rich, regulating

farming, forcing business to mostly stock locally made products, restricting foreign ownership

of large corporates, banning the export of scrap metals and establishing a state bank.

05.09.2010 / Agbiz in the news

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Processed food imports dent jobs

Johannesburg — THE agricultural sector is losing jobs because processed products are being imported, instead of being produced and manufactured locally, Lindie Stroebel of the Agricultural Business Chamber said last week.

02.09.2010 / Agbiz in the news

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Positive Agribusiness Confidence does not yet excite

Agribusiness confidence is measured quarterly by the Agricultural Business Chamber (ABC) and

the Industrial Development Corporation (IDC) through their quarterly ABC/IDC Agribusiness

Confidence Index. The confidence level in the third quarter of 2010 is 53% higher than the same

quarter of the previous year, which happened to be the all-time lowest level observed. This

significant increase was expected, considering the low basis it was measured from. The

confidence, however, decreased with 5% since the previous quarter, being the second quarter of

2010. This is of concern and definitely inhibits the excitement of the significant year-on-year

increase. A further decrease is not necessarily expected, however, this small quarter-to-quarter

decrease might indicate that confidence might remain in the low, positive range.

02.09.2010 / Media Releases

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Uitdaging om nuwe boere te help

Landboubesighede het die kundigheid en infrastruktuur op die platteland om nuwe boere volhoubaar te bemagtig, maar dan moet daar groter koordinering tussen hulle, staatsdepartemente en-agentskappe wees.

27.08.2010 / Agbiz in the news

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