SA sees decline in agribusiness confidence

The South African agribusiness sector has maintained positive results for the past 5 quarters, however, the sector weakened by 5 points in Agbiz’s Agribusiness Confidence Index during the 4th quarter of 2017. Factors that contributed to the confidence decline are bad weather conditions in the Western Cape, uncertainty about land…

Continue Reading SA sees decline in agribusiness confidence

Agricultural exports boost South African economy

Agriculture had a lion’s share in ensuring that South Africa has a positive trade balance and the sector is expected to thrive in 2018. In the South African agricultural business chamber Agbiz’s Agribusiness Outlook 2018, Sifiso Ntombela, Head of Trade and Investment Intelligence at the organisation, said that the primary…

Continue Reading Agricultural exports boost South African economy

SA farmers expected to plant slightly more summer crops

South African farmers in the summer rainfall region are expected to increase the area they plan to plant for the coming season, but the overall maize plantings is set to decrease. According to the latest report released by the Crop Estimates Committee (CEC), the total area of plantings in the country…

Continue Reading SA farmers expected to plant slightly more summer crops

Increased agricultural output in SA leads to slower inflation

The 2017 season shows the South African agricultural sector is recovering well after recurring drought that ended in 2016. Large outputs are driving decelerated inflation. According to South African business chamber Agbiz, South African food product price inflation slowed down to 1.9% y/y in August from 3.3% y/y in July…

Continue Reading Increased agricultural output in SA leads to slower inflation

End of content

No more pages to load