Monthly Archives: June 2016

South Africa’s food security improves, despite drought and high food prices

by Tinashe Kapuya and Wandile Sihlobo on Jun 27th, 2016|

South Africa’s food security status has actually improved, according to the Global Food Security Index released by the Economist Intelligence Unit (EIU) and commissioned by DuPont. This year is the fifth edition of the Global Food Security Index, which […]

What would Brexit mean for South African wine exports?

by Wandile Sihlobo and Tinashe Kapuya, Economists at Agbiz on Jun 23rd, 2016|

As British citizens decide whether to remain or leave the EU (the so called Brexit vote) on 23 June 2016, how will SA’s wine exports be reconfigured should Britons choose the latter?

Under the new EU-SADC Economic Partnership Agreement (EPA), […]

International Grains Council Conference – Wandile Sihlobo provides some feedback

by Wandile Sihlobo on Jun 23rd, 2016|

South Africa is one of the key players in global grain markets and its footprint is clear in the international forums such as the International Grain Council.
The grain trusts for winter cereals and maize annually nominates individuals to attend and represent […]

Food inflation eases slightly against market expectation

by Wandile Sihlobo and Tinashe Kapuya on Jun 22nd, 2016|

Recent data from Statistics South Africa indicates that in May 2016, headline inflation eased to 6.1% year-on-year (y/y) from 6.2% y/y in the previous month. This was well below the market expectations of 6.4% y/y. This decrease was largely […]

Brexit risks for South African agricultural exports

by Agbiz economists: Tinashe Kapuya and Wandile Sihlobo on Jun 20th, 2016|

The EU-SADC Economic Partnership Agreement (EPA) was signed two weeks shy of a referendum in which Britain is set to make a decision on whether to stay as a part of the European Union (EU) or not. South Africa’s […]

South African agricultural sector remains in recession

by Wandile Sihlobo and Tinashe Kapuya, Economists at Agbiz on Jun 8th, 2016|

he first quarter real GDP figures (Q1, 2016) released by Statistics South Africa came out worse than market expectations. They reflected a contraction of -1.2% quarter-on-quarter (q/q) due to weakening economic activity in the mining, electricity, transport and agriculture […]

Agbiz/IDC Agribusiness Confidence Index remains low

by Wandile Sihlobo and Tinashe Kapuya, Economists at Agbiz on Jun 8th, 2016|

The Agbiz/IDC Confidence Index in the first quarter of 2016 (Q1, 2016) was 42.87 points, which was a further contraction from the fourth quarter of 2015 (Q4, 2015) level of 42.91 points. The contraction is even larger when considered […]

Wheat tariffs must fit SA’s context

by Wandile Sihlobo, Agbiz economist on Jun 7th, 2016|

Trade policy debates are incomplete if argued without due consideration on the effect of selected instruments on both the consumption and production side. Ideally, policy seeks a balance on producer and consumer welfare, in equal measure. This perspective resonates […]