SA agriculture powers economy in third quarter

The agriculture sector showed the biggest growth in the South African economy during the third quarter of 2017. According to Statistics SA, agriculture, forestry and fisheries showed robust growth of 44.2%, the biggest quarterly growth since 1996. The country’s gross domestic product (GDP) grew by 2% during the quarter and…

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Strong tractor sales mirror agricultural recovery in 2017

Tractor sales in South Africa have increased by 16%, with 583 units sold since July 2017. Sales are 27% higher than during the same period last year. The increase in sales is an indication of the strong recovery in the agricultural sector, after a historical drought decimated crop and livestock.…

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Robust growth in SA agriculture pulls economy out of recession

South Africa has moved out of recession and returned to growth. It was driven by a growth in agriculture production after recovering from the worst drought in years. The Financial Times reports that agriculture added 0.7 percentage points to the overall growth of 2.5% the economy experienced in the second…

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Zambian economical think-tank slams crop levies

The Indaba Agricultural Policy and Research Institute (IAPRI) says grain levies imposed by local government authorities are making the agricultural sector noncompetitive. “Grain levies have a negative impact on farmers as they push the cost of production up,” says IAPRI in a white paper on making agriculture more competitive. The…

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