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Cyril Ramaphosa has placed the creation of a public-private infrastructure fund at the heart of an economic stimulus and recovery plan, otherwise constrained by South Africa’s serious fiscal constraints.

In unveiling the plan during a briefing at the Union Buildings in Pretoria on Friday, Ramaphosa reported that the South Africa Infrastructure Fund would be established immediately, supported by an executive team within The Presidency, comprising individuals drawn from the public and private sectors.


Soybean development is one of South Africa’s agricultural success stories. Its production has grown significantly since the dawn of democracy, from 67 700 tonnes in the 1993/94 production season to 1.6 million tonnes in 2017/18.


Currently, a South African business delegation is in Russia to take part in the World Food Moscow fair. Its goal is to seek export opportunities in that country's agro-processing market, the department of trade and industry said on Monday.

South Africa's foreign economic representative in Russia, Moloko Leshaba, said it was a key market for the country's fresh fruits exports, with growth seen in several products including rooibos, honey bush tea and spices.

"South Africa has continued to see positive growth in exports to the Russia in a number of products. Bottled wines have been growing at more than 10 percent in the last four years, increasing the number of South African wine brands in the country," Leshaba said.

"Russia is actively looking for alternative suppliers of food and beverages to mitigate the effects of sanctions. South African companies have the opportunity to expand into a receptive market."

As described by allafrica.com, Russia has, in the last two years, invested significantly in the food production industry as part of its import substitution initiative. Fresh Plaza 

 


Farmer Gao Yongfei is paying much closer attention to his more than 5,000 pigs than ever before.

That's because hundreds of pigs at farms nearby are dying from a mysterious virus, and Gao and his staff are now vigilantly checking his herd for symptoms of African swine fever. 


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