For a better experience please change your browser to CHROME, FIREFOX, OPERA or Internet Explorer.
South Africa’s rand retreats as global coronavirus surge sours sentiment

South Africa’s rand retreats as global coronavirus surge sours sentiment

2020 July 10   South Africa’s rand weakened early on Friday as global sentiment over chances of a quick coronavirus recovery soured, with infections continuing to surge amid downbeat economic data. At 0630 GMT the rand ZAR=D3 was 0.7% weaker at 16.9675 per dollar, giving back almost all of the previous session’s gains that had […] Read More

Land and land tenure reforms for agricultural transformation in Southern Africa

Land and land tenure reforms for agricultural transformation in Southern Africa

9 July 2020   There is consensus that land reform is an indispensable yet complicated process often overloaded with multiple objectives including economic, social and political underpinnings. Land reform in Southern Africa has been seized with the need to balance the tension between governments’ tendencies to rationalise land acquisition and redistribution based on historical injustices […] Read More

Two strong cold fronts expected to hit Western Cape

Two strong cold fronts expected to hit Western Cape

July 9, 2020   A well-developed cold front is expected to hit parts of South Africa later today (9 July), bringing with it bitterly cold, wet and windy weather conditions, according to the South African Weather Service (SAWS). SAWS added that a second cold front would follow shortly thereafter. The SAWS issued a warning that heavy rain […] Read More

Cape Town port crisis throttling agriculture exports

Cape Town port crisis throttling agriculture exports

9 July 2020   Travel restrictions and covid-19 disruptions continue to grind on agricultural exports. The Port of Cape Town has become the centre of delays and bottlenecks as it is currently still running far below capacity. This partly due to the high rate of infection in the Western Cape province resulting in a shortage […] Read More

SA groundnut production estimate for 2020 down 16%

SA groundnut production estimate for 2020 down 16%

July 8, 2020   The production estimates for groundnuts in South Africa for the 2020 season has been revised downward by more than 16% due to the drought experienced during the past year in certain parts of the summer grain production regions, according to Luan van der Walt, Grain SA economist. According to the National […] Read More

Consumers are feeling the covid-19 pandemic in their pockets

Consumers are feeling the covid-19 pandemic in their pockets

6 July 2020   South Africans are not alone in feeling that life has gotten more expensive under the covid-19 pandemic. In a major international survey conducted in 26 countries the majority of people say the overall cost of food, goods and services have increased for them and their families. Three in five people (60%) […] Read More

Getting your animal through winter

Getting your animal through winter

July 6, 2020   The High Value Beef Partnerships (High VBP) is gearing its livestock farmers to brace for the coldest winter. This is an Australian Centre for International Agricultural Research (ACIAR) based funded programme working with the Department of Agriculture, Land Reform and Rural Development (DALRRD) and state entities, which aims to improve on-farm […] Read More

‘It was tough!’ – agri minister Didiza reflects on the covid-19 challenge

‘It was tough!’ – agri minister Didiza reflects on the covid-19 challenge

7 July 2020   The year 2020 marked the year in which government was to deepen its effective land and agrarian reform. Two policy papers were released for public comment to ensure that there is transparency in land allocation as well as giving clarity to government’s support to the sector. The Beneficiary Selection Policy and […] Read More

South Africa has bad record on keeping budget promises – Fitch

July 7,2020   South Africa has a poor track record of implementing debt and spending reductions plans, ratings firm Fitch said on Tuesday, adding that consolidation plans announced in last months supplementary would be difficult to implement due to low growth. “They have had previous plans to achieve a primary balance which would have required […] Read More

Agricultural sector set to show significant growth

Agricultural sector set to show significant growth

07 July 2020   A combination of good production conditions, a weaker rand and a rebound in exports has economists predicting “a recovery year” for the agricultural sector. Data released last week showed that gross value added (GVA) in agriculture expanded by 27.8% quarter on quarter on a seasonally adjusted and annualised basis. Paul Makube, […] Read More

Top