Monthly Archives: August 2016

UPDATE: South African food inflation accelerates

by Wandile Sihlobo, Agbiz Head: Agribusiness Intelligence on Aug 24th, 2016|

Recent data from Statistics South Africa indicates that in July 2016, headline inflation eased at 6% year-on-year (y/y) from 6.3% y/y in June 2016. This was slightly below market expectations of 6.1% y/y. However, food and non-alcoholic beverages inflation […]

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    UPDATE: South Africa’s wheat import tariff at a record high

UPDATE: South Africa’s wheat import tariff at a record high

by Agbiz economists: Wandile Sihlobo and Tinashe Kapuya on Aug 23rd, 2016|

• South African wheat import tariff has increased by 30% to a record high of R1 591.40 per ton, from the previous level of R1 224.31 per ton (see Chart 1). This came on the back of a decline […]

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    Long-term agricultural growth and resilience strategies needed

Long-term agricultural growth and resilience strategies needed

by Wandile Sihlobo, Head of Agribusiness Intelligence at Agbiz on Aug 22nd, 2016|

The current drought has arguably been the most pronounced factor to have negatively affected the South African agricultural and agribusiness landscapes in recent history. The impact on crop and livestock production has been devastating and these industries are expected to continue […]