South Africa's business community is having sleepless nights about the continued calls for nationalisation of local companies.
Despite repeated assurances by President Jacob Zuma that nationalisation is not government policy, ANC Youth League president Julius Malema uses every platform to push nationalisation and insist that the ANC's national executive committee is discussing it.
10.10.2010 / Agbiz in the news
Dr John Purchase, CEO of the Agricultural Business Chamber(ABC), shares his insights about changing the Co-Operatives legislation and the importance of agricultural business in the agricultural value chain.
10.10.2010 / Agbiz in the news
Die produksieprysindeks (PPI)-syfer vir die landbou het met 1,2% tussen Julie en Augustus vanjaar gestyg, maar groter stygings is nodig, sê ekonome.
Volgens Statistieke SA het die algemene PPI vir Augustus op 7,8% te staan gekom, terwyl dit 9,4% in Julie was. Die verbruikersprysindeks (VPI)-syfer vir Augustus is 3,5%.
Wat die landbousektor aanbetref is ‘n styging van 1,2% aangeteken ná Julie se syfer van 0,2%, en Augustus op 1,4% te staan gekom het.
05.10.2010 / Agbiz in the news
The parliamentary portfolio committee on agriculture, forestry and fisheries has been holding public hearings on transformation in the agricultural sector.
A variety of organisations have made representations to the committee, including the AgriBEE charter council. The department of agriculture, forestry and fisheries has also reported on the current status of transformation in the sector.
According to director general of the department, Langa Zita, the council is in the process of aligning the AgriBEE transformation charter with the requirements of a section 9 code of good practice as set out in Broad Based Black Economic Empowerment (BBBEE) Act 53 of 2003. When the charter was gazetted in March 2008, it was aligned to section 12 of the act and is therefore not binding to enterprises. This has made reporting on the sector’s transformation difficult.
01.10.2010 / Agbiz in the news
The ANC edged towards greater government intervention in the economy at its policy review
conference last week, while business commentators were concerned that mixed signals were
projected to the financial markets.
Key conundrums over policy were not tackled, argued Brait economist Colen Garrow. He said issues
concerning both domestic and foreign investors were not really addressed.
28.09.2010 / Agbiz in the news
Suid-Afrika kan deel wees van die toekoms van die “goue hoofweg” vir die vervoer van landbouprodukte tussen Asië en Suid-Amerika, meen prof. Johan du Plessis van Logistics International.
“Suid-Afrika moet dus sorg dat ons vervoer-infrastruktuur aan die uitdagings voldoen en ons moet ook na moontlikhede in die Suider-Afrikaanse Ontwikkelingsgemeenskap (SAOG),” verduidelik hy.
23.09.2010 / Agbiz in the news
Members serving on Parliament's agriculture committee acknowledged that the agricultural reform
programme was in trouble, with at least half of transferred farms failing.
Ben Cousins, a professor of land and agrarian studies at the University of the Western Cape, said
while he did not believe Rural Development and Land Reform Minister Gugile Nkwinti was right about
90 percent of transferred farms having failed, he believed it was still a high number but probably
nearer 50 percent.
20.09.2010 / Agbiz in the news