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    South Africa will experience a shrinkage in regional demand, as well as new competitors for existing markets

South Africa will experience a shrinkage in regional demand, as well as new competitors for existing markets

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

*First appeared in Farmers’ weekly – 4 August 2017

The most recent data from the US Department of Agriculture highlights a number of interesting dynamics in Southern Africa’s maize production, with Zambia and Malawi becoming increasingly important players in the […]

SA food producer price inflation decelerates to 4.7% y/y

by Wandile Sihlobo, Agbiz economist on Jul 27th, 2017|

The annual food producer price inflation decelerated to 4.7% y/y in June 2017, from 5.7% y/y in May 2017. This shows the benefits of the higher agricultural output this year following good summer rainfall across the country. The deceleration […]

South Africa well on track for a record maize harvest

by Wandile Sihlobo, Agbiz economist on Jul 27th, 2017|

The annual food producer price inflation decelerated to 4.7% y/y in June 2017, from 5.7% y/y in May 2017. This shows the benefits of the higher agricultural output this year following good summer rainfall across the country. The deceleration […]

2% uptick in fuel price on the cards in August 2017

by Wandile Sihlobo, Head Agribusiness Intelligence on Jul 17th, 2017|

After experiencing two consecutive monthly declines, fuel price is set to increase on 02 August 2017. A notable uptick will be on diesel price which could be 2% from the previous month, whereas petrol might only increase by a […]

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    Agbiz/IDC Agribusiness Confidence Index marginally declines in Q2, 2017

Agbiz/IDC Agribusiness Confidence Index marginally declines in Q2, 2017

by Wandile Sihlobo, Head: Economic Intelligence, Agricultural Business Chamber (Agbiz) on Jun 12th, 2017|

The Agbiz/IDC Agribusiness Confidence Index declined, albeit marginally, by one Index point to 56 points in the second quarter of this year. Despite the slight decline in confidence, the sector remains in expansionary territory[1]. This is the fourth consecutive […]

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    ‘Back to basics’ approach needed for transformation in the agro-food sector, not a flood of new legislation

‘Back to basics’ approach needed for transformation in the agro-food sector, not a flood of new legislation

by Theo Boshoff, Manager: Legal Intelligence, Agbiz on Jun 9th, 2017|

The past couple of months have seen the floodgates truly open with new Bills and regulations aimed at land reform:

The Regulation of Landholdings Bill, aimed at prohibiting foreign ownership of land and setting ceilings to ‘free up land’ for […]

Outlook is positive for agricultural jobs

by Wandile Sihlobo, Agbiz economist on Jun 8th, 2017|

*This column first appeared in Business Day on 25 May 2017.

Contrary to market expectation of a mild uptick in South Africa’s GDP in the first quarter of 2017, the country has slipped into a technical recession after two consecutive […]

SA agricultural economy now showing signs of recovery

by Wandile Sihlobo, Agbiz economist on Jun 6th, 2017|

The agricultural GDP has landed in positive territory for the first time since 2014, driven by a robust recovery in agricultural production. The recovery in production is largely supported by a record maize and soybean harvest. Data released this […]

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    Property Valuation Regulations: current use…whatever happened to sustainable use?

Property Valuation Regulations: current use…whatever happened to sustainable use?

by Theo Boshoff, Agbiz Manager: Legal intelligence on Jun 1st, 2017|

South Africa’s Valuer-General, an office created by the Property Valuation Act, will receive public comments up until the 21st of June regarding its proposed methodology to calculate the value of land identified for land reform. The Act mandates the […]

SA agriculture saw notable job cuts in Q1, 2017

by Wandile Sihlobo, Agbiz economist on Jun 1st, 2017|

South Africa’s agricultural sector saw 44 000 job cuts in the first quarter of this year from the last quarter of 2016 – putting the sector’s total labour force at 875 000 jobs (see Chart 1). Notable job losses […]