Agribusiness Wallpost Africa

Paul Makube
SOUTH AFRICA
Agribusiness confidence for Q1 2024 dimmed by bad weather and a plethora of challenges

Agribusiness confidence for Q1 2024 dimmed by bad weather and a plethora of challenges
[Paul Makube] The latest results of the Agbiz/IDC Agribusiness Confidence Index survey still showed a subdued mood among agribusiness as widely expected given the negative turn on the weather front that slashed harvest prospects for the 2023/24 summer crop season...

Posted 2 days ago | Like
Paul Makube
SOUTH AFRICA
Food inflation decelerates to a 25-month low

Image source: Kampus Production from
Image source: Kampus Production from Pexels
[Paul Makube] Headline inflation accelerated faster to 5.6% year-on-year (y/y) in February from 5.3% in January 2024, which is slightly above market expectations of 5.5% y/y. However, food inflation decelerated faster to the lowest level in 25 months at 6% y/y in February...

Posted 5 days ago | Like
Aa-isha Hassiem
SOUTH AFRICA
#IFPA: SA's logistics crisis takes precedence over energy issues, says SAFFE director

#IFPA: SA's logistics crisis takes precedence over energy issues, says SAFFE director
[Aa-isha Hassiem] “Things in the logistics system are broken and in desperate need of fixing," says Mike Walwyn, director of South African Freight Forwarders (SAFFE)...

Posted 9 days ago | Like
Paul Makube
SOUTH AFRICA
A big surprise as agriculture GDP plunges in the second half of 2023

A big surprise as agriculture GDP plunges in the second half of 2023
[Paul Makube] Despite massive challenges, South Africa’s economy managed to expand by 0.6% in 2023...

Posted 21 days ago | Like
Paul Makube
SOUTH AFRICA
Adverse weather dampens crops outlook for 2023/24 production season

Adverse weather dampens crops outlook for 2023/24 production season
[Paul Makube] Following a relatively good start to the 2023/24 crop season with good rains which saw farmers increasing their planted area for summer crops, the weather turned negative with limited follow-up rains coupled with excessive heat early in 2024....

Posted 28 days ago | Like
John Hudson
SOUTH AFRICA
Biosecurity in South Africa: A perfect storm?

Biosecurity in South Africa: A perfect storm?
[John Hudson] Commercial agriculture, while essential for ensuring food security for a burgeoning population, poses many challenges...

Posted 2 months ago | Like
Wandile Sihlobo
SOUTH AFRICA
30 years into democracy: How has South Africa's agricultural sector performed?

30 years into democracy: How has South Africa's agricultural sector performed?
[Wandile Sihlobo] There are divergent views about the effectiveness and extent to which South Africa's agricultural policies have been implemented...

Posted 2 months ago | Like
Paul Makube
SOUTH AFRICA
Q3 2023 sees stealthy 4% jump in agriculture export earnings

Source: onlyyouqj via
Source: onlyyouqj via Freepik
[Paul Makube] The latest trade data update from Trade Map shows another impressive performance from the agriculture sector with the value of export earnings jumping by 4% year-on-year to $3.9bn...

Posted 3 months ago | Like
Paul Makube
SOUTH AFRICA
Agriculture sector defies odds with 10% year-on-year job growth in Q3 2023

Agriculture sector defies odds with 10% year-on-year job growth in Q3 2023
[Paul Makube] The latest update on the Quarterly Labour Force Survey data from Statistics South Africa has confirmed the resilience of agriculture as it defied the odds and made a significant improvement in employment in the sector...

Posted 4 months ago | Like
John Hudson
SOUTH AFRICA
The year that was for agriculture and what to expect in 2024

The year that was for agriculture and what to expect in 2024
[John Hudson] The year 2023 has been a tricky one that has needed to be carefully navigated. In many ways, it has been a year of consolidation and recovery, particularly for exports...

Posted 4 months ago | Like
Paul Makube
SOUTH AFRICA
Renewed optimism as agriculture business confidence rebounds in Q3

Renewed optimism as agriculture business confidence rebounds in Q3
[Paul Makube] Despite huge challenges stemming from deteriorating logistics infrastructure and cost pressures associated with loadshedding, the agriculture sector again showed further resilience...

Posted 6 months ago | Like
Paul Makube
SOUTH AFRICA
Why your breakfast costs are lower this year

Why your breakfast costs are lower this year
[Paul Makube] Understanding various price drivers sheds light on the challenges faced by farmers and the extent to which the global economic landscape is impacting essential food items...

Posted 7 months ago | Like
John Hudson
SOUTH AFRICA
Sustaining existing trade partnerships and finding new markets is imperative for SA agriculture

Sustaining existing trade partnerships and finding new markets is imperative for SA agriculture
[John Hudson] As SA's agriculture is export-orientated, the focus must be on safeguarding its seamless continuation...

Posted 7 months ago | Like
Wandile Sihlobo
SOUTH AFRICA
Agribusiness confidence remains subdued in Q2

Agribusiness confidence remains subdued in Q2
[Wandile Sihlobo] The Agbiz/IDC ACI's Q2 results show persistent concerns amongst the agriculture and agribusiness roleplayers about economic conditions...

Posted 9 months ago | Like
Paul Makube
SOUTH AFRICA
A further deterioration in agriculture GDP outcomes turn negative in Q1 of 2023

Source: josealbafotos via
Source: josealbafotos via Pixabay
[Paul Makube] After contracting by 2.4% year-on-year in the fourth quarter of 2022, agriculture GDP fell sharply by 12.3% year-on-year which reflects a downturn in economic activities in the field crops and animal product industries...

Posted 9 months ago | Like
Paul Makube
SOUTH AFRICA
Your omelette is not yet under threat despite the recent Western Cape bird flu outbreak

Your omelette is not yet under threat despite the recent Western Cape bird flu outbreak
[Paul Makube] In South Africa, a total of five HPAI cases were recently detected and confirmed in five commercial chicken operations in the Western Cape province...

Posted 9 months ago | Like
Paul Makube
SOUTH AFRICA
No respite for farmers as debt servicing costs escalate following another 50-basis points hike

Source: Barescar90 via
Source: Barescar90 via Pixabay
[Paul Makube] The South African Reserve Bank announced another 50-basis points interest rate hike thus bringing the repurchase rate to over a decade high of 8.25%. The prime rate thus moved higher by 0.50% effective from 26 May 2023...

Posted 10 months ago | Like
Paul Makube
SOUTH AFRICA
A faster acceleration in food price inflation to another record high in March

A faster acceleration in food price inflation to another record high in March
[Paul Makube] The latest inflation data shows no respite for consumers as headline consumer price inflation inched 0.1 percentage point higher to 7.1% year-on-year in March 2023 from 7.0% year-on-year in February...

Posted 11 months ago | Like
Paul Makube
SOUTH AFRICA
Deteriorating fuel prices to hit consumers, farmers' profit margins

Deteriorating fuel prices to hit consumers, farmers' profit margins
[Paul Makube] The cost of distributing produce across the country is still highly depended on road transport - for example, about 80% of grain is transported by road...

Posted 5 years ago | Like
Paul Makube
SOUTH AFRICA
Inflation outcomes relatively steady for food

Inflation outcomes relatively steady for food
[Paul Makube] The South African consumer inflation came in on the upside at 5.1% for July 2018 but still within the SARB's target range of 3-6%. The food component, however, was still on the low side at 3.4% driven by the disinflation in bread and cereals and fruits...

Posted 5 years ago | Like
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