News archive

News archive - September-2018

Carbon Tax Bill introduced into the National Assembly

On Tuesday 20 November, the Minister of Finance formally introduced the Carbon Tax Bill into the National Assembly. The Speaker will outline the process that is to be followed from here. A number of changes has been made to the Bill, reportedly as a result of comments received during the public participation process. One of the principle points raised by the business community during the public participation process was the non-alignment between carbon budgets and the carbon tax. - Theo Boshoff, Agbiz head of Legal Intelligence

23.11.2018 / Agbiz in the news

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What does a 'clarification' amendment mean?

The Constitutional Review Committee yesterday revealed their decision to recommend an amendment to section 25 of the Constitution to ‘clarify’ that expropriation without compensation can take place under section 25 of the Constitution. The details of this proposal are still unclear and one will only be able to fully assess the impacts of such an amendment once the conditions are made public, however, it is worth dissecting what a ‘clarification’ amendment could entail. - Theo Boshoff, Agbiz head of Legal Intelligence

16.11.2018 / Agbiz in the news

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Agbiz responds to the Constitutional Review Committee’s recommendation to amend the Constitution to provide for land expropriation without compensation

“Agbiz has noted with disappointment and concern the recommendation by the Constitutional Review Committee (CRC) to amend the Constitution of South Africa to explicitly make provision for land expropriation without compensation.  Agbiz has consistently maintained that it is not necessary to amend the Constitution to effect land reform in South Africa, and this proposed amendment to the Constitution will impact negatively on much-needed investment and harm the economy”, Dr John  Purchase, CEO of Agbiz, said today. - Agbiz media statement, issued 16 November 2018

16.11.2018 / Media Releases

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Namibian GMO food labeling regulations will affect trade with South Africa

New Namibian GMO Food Labeling Regulations will affect all future grain exports to Namibia. This was according to the CEO of the National Commission on Research, Science and Technology (NCRST) and GM of Innovation, Technology and Development in Namibia who recently addressed grain value chain role players on the impact of the new legislation and the GMO list that was compiled for maize, soybean, canola, wheat, cotton and rice. The Biosafety Act 2006 of Namibia provides measures to regulate the activities that involve research, development, production, marketing, transportation, applications and other uses of genetically modified organisms (GMOs), as well as specific products derived from these GMOs as they are harnessed safely. 

09.11.2018 / Agbiz in the news

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Cross-border knowledge sharing between SA and Zimbabwe farmers critical

The collapse of Zimbabwe’s agricultural sector from the early 2000s is well documented, and largely attributed to ill-conceived land reform policies. But as the spirit of political change sweeps across the country, albeit with lingering economic underperformance, it is worth looking at what agricultural products Zimbabwe imports in large quantities and whether import substitution would be a possibility in the near to medium term. - By Wandile Sihlobo, Agbiz head of Agribusiness Research  *Written for and  first published on Business Day

09.11.2018 / Agbiz in the news

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Pretoria session stimulates conversation on current topics

On Thursday, 1 November Agbiz hosted a half-day information session focusing on the current challenges in the policy and legislative environment, as well as developments and opportunities in the agribusiness sector. Close to 100 role players and stakeholders, representing agribusinesses, financiers, producers and agri-associations attended the event at Leriba Hotel in Centurion. 

02.11.2018 / Agbiz in the news

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Predicting the El Niño effect

Admittedly, it is too early to tell how most Southern African countries will cope with the expected weak El Niño in the summer season. Typically, an El Niño weather phenomenon would lead to drier weather conditions in most countries on the continent, almost similar to what we witnessed in the 2015-16 drought years. However, when it is weak, as expected, the impact could be minimal. - Wandile Sihlobo, Agbiz head of Agribusiness Research *Written for and first published in Business Day

02.11.2018 / Agbiz in the news

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