South Africa’s annual food and beverages inflation fell to 8.7% year-on-year in March 2017, which is the lowest level in 14 months - Wandile Sihlobo
19.04.2017 / Agbiz in the news
The weaker ZAR/USD exchange and higher Brent crude oil prices means agribusinesses and farmers could be paying 3% more for a litre of diesel next month.
- Wandile Sihlobo
18.04.2017 / News
SA’s combined harvester sales continue to show strong growth ahead of a bumper crop this season, Agbiz said this week. However, optimism in the agricultural machinery market may be short-lived as the weaker rand could increase the cost of equipment.
10.04.2017 / Agbiz in the news
The dramatic political developments of the past week, and the consequential and expected downgrading of SA’s investment grade to so-called junk status, is seriously bad news for the agricultural and agribusiness ....
- Dr John Purchase, CEO of Agbiz
07.04.2017 / Media Releases
South Africa’s wheat import tariff has been revised down to R1 190.19 per tonne, which is a 25% decline from the rate of R1 591.40 per tonne.
- Wandile Sihlobo, Agbiz economist
31.03.2017 / Agbiz in the news
South Africa is set to harvest the second biggest maize crop on record. This comes after the National Crop Estimate Committee revised up its forecast by 3% from the previous one to 14.32 million tonnes.
- Wandile Sihlobo
28.03.2017 / News
SA’s unusually high food price inflation was expected to drop to single digits for the first time in a year, economists predicted. The downward trend is expected to continue despite another drought being forecast for later in 2017.
- Supermarket and Retailer
22.03.2017 / Agbiz in the news
The optimism and desired growth in the agricultural sector could be short lived if South Africa delays in endorsing a unified and responsible policy stance.
21.03.2017 / Agbiz in the news
Government wants to ban foreigners from buying agricultural land. Arabile Gumede (The Money Show) interviewed Theo Boshoff (Manager: Legal Intelligence at Agricultural Business Chamber). Listen to the interview in the audio below:
20.03.2017 / Agbiz in the news
Amid recent calls to amend property clause in constitution to allow expropriation of farmland without compensation, one cannot help but wonder whether original purpose of provision is not being lost amongst political rhetoric...
- Theo Boshoff, Manager: Legal Intelligence, Agbiz
09.03.2017 / Agbiz in the news