Monthly Archives: August 2017

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    SA food inflation falls marginally to 6.8%, but meat remains a key risk

SA food inflation falls marginally to 6.8%, but meat remains a key risk

by Wandile Sihlobo, Agbiz economist on Aug 23rd, 2017|

Food inflation decelerated to 6.8% y/y in July 2017, from 6.9% y/y in the previous month. This mirrors the benefits of the higher agricultural output following good summer rainfall across the country. Although we expect further moderation in the […]

SA agricultural trade balance remains positive

by Wandile Sihlobo, Agbiz economist on Aug 22nd, 2017|

Despite the worst drought in more than a decade, the South Africa’s agricultural sector recorded a positive trade balance of US$2.3 billion in 2016. This was boosted by growth in exports of edible fruits, beverages, spirits and vegetables, with […]

Agricultural finance in an environment of uncertainty

by Dr John Purchase, Agbiz CEO on Aug 21st, 2017|

“As we approach the new season in the summer rainfall region of South Africa, and a new cycle of production finance, it is opportune to take stock of the past season, as well as to consider the coming season,” […]

Farmers need a smart strategy for profit

by Wandile Sihlobo, Agbiz Economist on Aug 18th, 2017|

*This column first appeared in Business Day on 17 August 2017 

Whilst the discussion in South Africa’s agricultural sector has been dominated by the record grain harvest, the discussion has been steadily shifting towards weather related issues and production strategies. […]

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    Draft Intellectual Property Policy, phase 1 released for public comment

Draft Intellectual Property Policy, phase 1 released for public comment

by Theo Boshoff, Agbiz Head: Legal Intelligence on Aug 11th, 2017|

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On Tuesday the 8th of August, the Department of Trade and Industry released phase 1 of the draft Intellectual Property Policy for public comment. Interested and affected parties are afforded until the 9th of October to consider the document and […]

40 000 job cuts recorded in SA agriculture in Q2, 2017

by Wandile Sihlobo, Agbiz economist on Aug 7th, 2017|

After cutting 44 000 jobs in the first quarter of 2017, South Africa’s agricultural sector saw a further 40 000 jobs lost in the second quarter – putting the total labour force at 835 000 jobs (see Chart 1). […]

SA tractor sales saw a notable uptick in July 2017

by Wandile Sihlobo, Agbiz economist on Aug 7th, 2017|

The good performance in the domestic currency in June and early part of July, coupled with expected large domestic grain and oilseed harvest boosted the tractor sales in July 2017. The sales were recorded at 502 units – up […]

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    Impressions from the Werksmans Attorneys Land Reform Seminar

Impressions from the Werksmans Attorneys Land Reform Seminar

by Theo Boshoff, Agbiz Head: Legal Intelligence on Aug 3rd, 2017|

As reported in last week’s newsletter, Agbiz was invited to participate in a seminar on land reform hosted by Werksmans firm of attorneys at their office in Sandton. The session was facilitated by Werksmans’ Director Bulelwa Mabasa whilst presentations […]

Post 2020 climate change framework becomes a little clearer

by Theo Boshoff, Agbiz Head: Legal Intelligence on Aug 3rd, 2017|

On the 27th of July, Agbiz attended a public consultation forum hosted by the Department of Environmental Affairs (DEA) on the recommended framework to combat climate change post 2020. The Department has recently published a plethora of draft policies, […]

Women deserve more credit in farming

by Wandile Sihlobo, Agbiz Economist on Aug 3rd, 2017|

*First appeared in Business Day – 3 August 2017
https://www.businesslive.co.za/bd/opinion/2017-08-03-wandile-sihlobo-women-deserve-more-credit-in-farming/

There was little mention of the fact that almost two-thirds of the 44,000 people who lost agricultural jobs in the first quarter of 2017 were women. This brought the number […]