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Covid-19 reminds us we need food to survive

Covid-19 reminds us we need food to survive

The old lady who lived in a shoe, as we know from nursery rhymes, had so many children she didn’t know what to do. It’s a lesson that comes to mind as Covid-19 throws into stark relief just how central food is to our lives and the stability of our society. Not since World War […]Read More

S.Africa sets aside $64 mln for small-scale farmers amid lockdown

S.Africa sets aside $64 mln for small-scale farmers amid lockdown

JOHANNESBURG, April 6 (Reuters) – South Africa is to set aside 1.2 billion rand ($64 million) to help small-scale farmers in a bid to support food production amid a nationwide lockdown to curb the spread of the coronavirus. The country, which has the highest number of cases in sub-Saharan Africa, has reported more than 1,500 […]Read More

UPDATE 1-South Africa’s rand falls amid weak economic data

JOHANNESBURG, May 6 (Reuters) – South Africa’s rand weakened against the dollar in afternoon trade on Wednesday, with market sentiment bruised by indicators painting a bleak outlook for the economy both at home and globally amid the coronavirus crisis. At 1530 GMT the rand was 1.21% weaker at 18.7520 per dollar, giving up gains from […]Read More

REFILE-South Africa suspends use of Land Bank debt as collateral after default

JOHANNESBURG, May 9 (Reuters) – South Africa’s central bank has temporarily prohibited the use of debt issued by the Land Bank as collateral after the state agricultural lender was downgraded deeper into junk status and missed $2.7 billion in loan repayments. The South African Reserve Bank’s (SARB) decision will put additional pressure on the banking […]Read More

S.Africa to reopen agriculture sector, allow more manufacturing, retail

S.Africa to reopen agriculture sector, allow more manufacturing, retail

JOHANNESBURG, April 25 (Reuters) – South Africa plans to reopen its agriculture sector and allow some manufacturing and retail to resume as the country balances the need to restart economic output and curb the spread of the new coronavirus, trade minister Ebrahim Patel said on Saturday. South Africa has spent a month under restrictions requiring […]Read More

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