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South African rand dips before CPI data

South African rand dips before CPI data

South Africa’s rand dipped early on Wednesday, erasing some of the previous day’s gains before consumer price index (CPI) data. At 0720 GMT, the rand ZAR=D3 traded at 15.2375 versus the dollar, roughly 0.3% weaker than its previous close. The rand had risen on Tuesday as appetite for riskier assets grew after U.S. President Donald […]Read More

Electricity price increases threaten farming sustainability

Electricity price increases threaten farming sustainability

November 24, 2020     The ever-increasing electricity price threatens the sustainability of affordable food production. This was the warning Free State Agriculture (FSA) gave the National Energy Regulator of South Africa (Nersa). Dr Jack Armour, operations manager of FSA, addressed Nersa over Eskom’s proposed plans to further increase the electricity price. According to Armour, […]Read More

SA wine information day looks toward 2021 and beyond

SA wine information day looks toward 2021 and beyond

24 NOV 2020   South African wine businesses will come together virtually at the start of 2021 to take a look at the state of the industry and equip themselves with insights and tools needed to direct their own destiny in 2021 and beyond.   The Nedbank Vinpro Information Day, with the theme Direct Your […]Read More

Large harvests and export markets pay off

Large harvests and export markets pay off

    SOUTH Africa recorded a 5 percent year-on-year increase in agriculture exports in the third quarter of this year, the Agricultural Business Chamber (Agbiz) said yesterday. The chamber’s chief economist, Wandile Sihlobo, said a large harvest, joint efforts by the government and the private sector to keep agriculture operational since the start of the […]Read More

Imported inputs continue to hamper local grain production

Imported inputs continue to hamper local grain production

November 23, 2020   The South African grain production industry is highly dependent on imported agricultural inputs, which means local grain prices are subjected to the same supply and demand forces that drive international markets. According to the Bureau for Food and Agricultural Policy’s (BFAP) recent, annual summer grain scenario planning report published on behalf […]Read More

Eco-friendly charcoal production to boost SA’s water security

Eco-friendly charcoal production to boost SA’s water security

20 NOV 2020   The global outcry against the use of braai charcoal produced from rainforest trees, which leads to devastating forest degradation primarily in South American and African countries, is boosting the demand and production of eco-friendly charcoal certified by the Forest Stewardship Council (FSC).   The eco-friendly charcoal is made from ideally suited […]Read More

Al Mawashi rebuts NSPCA’s ‘ideological stance’ in SA live sheep exports

Al Mawashi rebuts NSPCA’s ‘ideological stance’ in SA live sheep exports

22 November 2020     The NSPCA’s ‘ideological stance’ that live exports is an industry that is inherently cruel is untrue, that’s according to Al Mawashi SA Managing Director Ilyaas Ally. Ally says they are only being targeted because of the large volumes of animals that they will be exporting to the Middle East.   […]Read More

Sugar masterplan signing welcomed by industry stakeholders

Sugar masterplan signing welcomed by industry stakeholders

20 November 2020   SA Canegrowers welcomes the signing of phase one of the Sugar Industry Masterplan by sugar industry stakeholders, retailers, social partners and government. This means all role players can proceed with implementing the seven commitments in the Masterplan that all focus on ensuring the long-term sustainability and profitability of the sector over […]Read More

Seized berry shipment released as parties reach agreement

Seized berry shipment released as parties reach agreement

November 20, 2020     Dutch authorities releasing two shipments of blueberries exported by Rossouw Boerdery Group’s subsidiary Ross Berries to the Netherlands, marks a victory for local farmers, according to a statement by the group. The shipments were seized in the Port of Rotterdam in late October and early November, and followed a dispute […]Read More

South Africa’s rand steady in cautious trade ahead of ratings reviews

South Africa’s rand steady in cautious trade ahead of ratings reviews

2020-11-20     South Africa’s rand was flat in early trade, having eked out some small gains overnight after the central bank kept lending rates unchanged, with investors now opting for caution ahead of expected credit rating reviews later in the session. At 0645 GMT, the rand ZAR=D3 was 0.08% weaker at 15.3950 per dollar, […]Read More

Low rates positive for agriculture heading into the new crop season

Low rates positive for agriculture heading into the new crop season

20 NOV 2020   The South African Reserve Bank (Sarb) has once again left the repo rate unchanged at a record low of 3.5% in its November 2020 meeting.   The Sarb’s inflation forecast indicates that it will be below the mid-point of the 3% to 6% range due to the slow economic recovery. This […]Read More

Cape Town metro enjoys good dam levels while some Western Cape areas still face drought

Cape Town metro enjoys good dam levels while some Western Cape areas still face drought

  Despite good rains, and good dam levels for the Cape Town metro, some areas of the Western Cape remain severely affected by drought conditions, says an official at the provincial Department of Agriculture. Briefing the standing committee on agriculture on the drought conditions and harvest outlook in the province, deputy director-general Darryl Jacobs said: […]Read More

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