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Agriculture Investment

  • Last week, two very important documents were gazetted for public comment, namely the revised National Greenhouse Gas Inventory and the biennial report to the United Nations on South Africa’s greenhouse gas emissions under the UNFCCC. Both documents are extremely important for agro-processing and other manufacturing industries as it contains an estimate as to amount of greenhouse gases released into the atmosphere each year by the various industries in the South African economy. - Theo Boschoff, Agbiz head of Legal Intelligence

  • The economy will not recover as long as the ANC continues with its socialist and communist political and economic systems that destroy economic growth and prosperity. Therefore, a short-term stimulus and recovery package will not make any difference because economic growth is a long-term process that must be based on economic principles, "says independent economist, Fanie Brink.

  • In an industry with a history of sustainability and ethics, one thing stands out more than anything else: love.

    Soft, luxurious, warm and timeless. It’s difficult to imagine mohair as anything other than a lovely scarf, but the fact is, the true story behind its production is almost as beautiful - and very important to the South African economy.

    Mohair is a fibre derived from the fleece of Angora goats and the industry supports more than 800 South African farms and an estimated 30,000 dependents. Fifty percent of the world’s mohair is produced in SA, under strict guidelines of sustainability that have been in continual development since 2009.
    Image: Supplied
    It’s all about the goats

    Aside from the numbers, though, it’s all about the goats. These gentle, somewhat charismatic creatures are at the heart of a farming industry that is driven by ethics and expertise. Angora farmers have a deep understanding of their goats that only a farmer who loves his animals can have. They’re a passionate bunch who regard the well-being of their livestock as an abiding commitment that is beyond question.

    Many of South Africa’s Angora farms have been in production for more than a century, with knowledge and skills passed down through generations. As such, mohair production in SA is as much a commercial enterprise as it is a family legacy. Of course, profitability is important, too, and is intrinsically linked to how the goats are treated and cared for.

  • There is now worldwide consensus that plough-based farming, as still widely practised, has unsustainable elements, whose continued promotion and application endangers global capacities to respond to the food security concerns.

  • Agri SA strongly condemns the continued violence that the farming community and fellow South Africans face daily. The Minister of Police, Bheki Cele announced the latest national crime statistics in parliament this morning. It is worrying that 62 farm murders occurred during 2017/2018. It is 15 murders more than what was announced in parliament earlier this year.  

  • It seems only right that a tax that originates from the sugar industry should be applied to explore ways to enable this huge employer of South Africans to keep up the good work. 

  • The area planted estimate and final production forecast of summer crops for the 2018 production season was recently released by the National Crop Estimates Committee.

  • All of the plant material for South Africa’s banana industry comes from a single tissue culture laboratory, which also exports to 25 countries throughout Africa, the Middle East and the Indian Ocean islands.

  • Oudtshoorn farmers, who had their own Day Zero almost a year ago when their irrigation dams dried up, have suffered losses of hundreds of millions of rands in lost production.

  • Land reform remains one of South Africa’s most pressing unresolved issues. Attempts to address skewed ownership and economic participation patterns, the result of many years of exclusion and dispossession of black South Africans, have been unsuccessful since 1994. The present government has now turned to possible changes to the Constitution to deal with these failures. 

  • At the start of the 2017/18 apple season, European apple stocks were approximately 30% lower, creating a great pull for South African apples, but it’s expected that the start of the new season will be tougher, as Europe expects a slightly above average crop.

  • Mercedes-Benz last week unveiled the electric Actros heavy-duty truck.  The first eActros was delivered to German logistics company Hermes in September for use under real-life conditions. By the end of this year, Mercedes-Benz will have ten such vehicles on the road with customers. Series production is planned for 2021.

  • South Africa's shifting budget priorities will provide roughly half of the R50-billion ($3.5-billion) in stimulus spending it plans to make by the end of its fiscal year in March, Finance Minister Nhlanhla Nene told Reuters.

  • Although this was a data-packed week in the South African agricultural market, there were no surprises or data prints that somewhat changed the outlook in almost all the releases.

  • Port Elizabeth – The wool market traded lower at this week’s auction and the Cape Wools Merino Indicator decreased by 5.6% and by 1,362 points to close at a value of R229,28/kg (Clean). The Australian EMI lost 2,8% this week. The Cape Wools All Wool Indicator declined 5,6%.

  • It’s well known for its taste for international wines, but China’s domestic scene is growing too. In a different country, China’s wine industry might be a house of cards. But China’s government seems committed to it, and that makes all the difference. 

  • This is the question on everyone’s lips as the ANC government appears to be moving ahead with its proposal to expropriate land without compensation (EWC). During TAU SA’s recent annual Congress, Adv. Roelof du Plessis SC set out the legal ramifications of the government’s various statements about EWC.

  • IF EMIGRATION is a barometer of confidence in a country’s future, then South Africa, where a growing number of people are upping sticks, is in trouble. Private schools complain about losing students as families move abroad. More people are selling their homes in preparation for leaving . “Emigration sales” are a fixture of neighbourhood Facebook groups, with leavers peddling their patio furniture and braais. 

  • The latest RepTrak Pulse Survey for South Africa shows which local brands are most trusted and reputable among South African consumers.

  • I continue to be surprised by an absence of horsemeat imports into South Africa so far this year. This is evident from the data from January 2018 to July 2018.


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