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Farming Economics

AgMerchant launched as new agriculture sector lender in South Africa
9th November 2022 By: Schalk Burger

A new financial services firm AgMerchant Capital was launched on November 9 and aims to be a keen participant in the agricultural financing services industry in South Africa through the provision... 


R401m of payments to cane growers at risk as Tongaat Hulett goes into business rescue
28th October 2022 By: Schalk Burger

Sugarcane business organisation SA Canegrowers says the immediate risk arising from sugar company Tongaat Hulett's entry into business rescue is that R401-million that was due to be paid to growers... 


A photo of farming operations in South Africa
Agri sector calls for tax relief, infrastructure investment ahead of MTBPS
25th October 2022 By: Creamer Media Reporter

Industry body Agri SA says it is hopeful that the Medium-Term Budget Policy Statement (MTBPS), to be delivered by Finance Minister Enoch Godongwana on Wednesday afternoon, will outline critical... 


Association calls for a comprehensive review of poultry import duties
18th October 2022 By: Tasneem Bulbulia

Industry organisation the Association of Meat Importers and Exporters of South Africa (AMIE) is calling for a comprehensive review of import tariffs on poultry, saying “duties are simply another... 


South Africa must focus on logistics to have globally competitive agricultural exports - Agri SA
13th October 2022 By: Schalk Burger

To be a globally competitive agricultural produce exporting nation, South Africa needs to focus on logistics, as transport infrastructure is a crippling problem for the sector, says industry... 


MIC invests R10m in farming investment fintech platform Livestock Wealth
12th October 2022 By: Schalk Burger

Investment holding company the Mineworkers Investment Company (MIC) has, through its Khulisani Ventures initiative, invested R10-million in crowd farming financial technology (fintech) company... 


CGA invests R40m in developing emerging citrus growers' enterprises
11th October 2022 By: Schalk Burger

Industry initiative the Citrus Growers Association’s (CGA’s) Grower Development Company (GDC) has allocated and spent R40-million in grant funding this year to support enterprise development of... 


Ramaphosa to deliver keynote at Agri SA growing local congress on Oct 13
10th October 2022 By: Schalk Burger

President Cyril Ramaphosa will deliver the keynote address at Agri SA's yearly congress to be held later this week, with a focus on the theme of Growing Local. Discussions at Agri SA's yearly... 


Agri SA calls for rejection of fracking to protect regional food security
27th September 2022 By: Schalk Burger

Agricultural industry federation Agri SA calls on government to reject hydraulic fracturing (fracking) proposals, saying the proposals present risks to scarce water supply and regional food... 


Botswana citrus growers join Southern African association
27th September 2022 By: Schalk Burger

Citrus growers in Botswana have become members of the Citrus Growers’ Association of Southern Africa (CGA), which now represents more than 1 564 citrus growers in South Africa, eSwatini and... 


A photo of crops being irrigated
Agri SA seeks meeting with Eskom, warns load-shedding may affect food security
22nd September 2022 By: Marleny Arnoldi

With load-shedding escalating as South Africa enters the summer crop planting season, the current energy crisis may have implications for food security into the coming year unless farmers can put... 


A photo of renewable vs coal-fired power
International collaboration critical to accelerate transition to sustainable energy future
20th September 2022 By: Schalk Burger

Intergovernmental organisation the International Energy Agency (IEA) in its 'Breakthrough Agenda Report 2022' says international collaboration will be critical to successfully transition to... 


Cattle transport ban lifted as foot-and-mouth cases ease
8th September 2022 By: News24Wire

Agriculture, Land Reform and Rural Development Minister Thoko Didiza has decided not to extend the national ban on the movement of cattle. The ban was introduced three weeks ago to curb the spread... 


sunflower
Commission report points to opportunistic price increases by sunflower oil processors
24th August 2022 By: Darren Parker

According to the ‘Essential Food Pricing Monitoring Report’, released by the Competition Commission on August 24, South African consumers may be facing opportunistic price increases in sunflower... 


Wool industry welcomes government cooperation in overcoming export ban
24th August 2022 By: Donna Slater

Agricultural business chamber of commerce Agbiz, federation of agricultural organisations AgriSA and the National Wool Growers’ Association of South Africa (NWGA) have welcomed an agreement between... 


Maize
Agriculture has taken strain this year, BFAP implores govt to fix ports, rail
18th August 2022 By: Marleny Arnoldi

Nonprofit information organisation the Bureau for Food and Agricultural Policy (BFAP) says agriculture’s contribution to gross domestic product (GDP) will decline in the coming year, mostly owing... 


An image of the Farm21 platform and sensors
Accurate solution allows for sustainable farming
12th August 2022 By: Nadine Ramdass

Agricultural technology developer Farm21 aims to assist 10 000 farmers worldwide in making better farming decisions by 2024 using its pinpoint accuracy solution, says Farm21 partnership manager... 


An image of a drone connected to the Aerobotics app on farm
Tech yields beneficial tools for farms
12th August 2022 By: Nadine Ramdass

Software company Aerobotics is pioneering solutions, such as its Aeroview infield mobile application and computer vision for the precision farming of perennial crops, as more growers look to... 


Load-shedding poses long-term risks to sector
12th August 2022

The ongoing power outages have a significant impact on the agriculture sector – and the wider economy – which holds serious implications for food security and social stability. Industry body Agri... 


An image of Farm21's soil sensors
Innovative tech can change farming
12th August 2022 By: Nadine Ramdass

With there being a need to increase food production by 60% by 2050 in Europe, agricultural technology developers Farm21 partnership manager Dewald de Vos says precision farming tools, such as the... 


Mpact CEO Bruce Strong
Home deliveries driving higher demand for paper bags
10th August 2022 By: Darren Parker

An increase in consumers ordering products for delivery to their homes instead of shopping at retail stores in the first half of this year has led to a “rapid” increase in demand for bag paper –... 


Poultry association says capacity built under masterplan may lie idle
3rd August 2022 By: Schalk Burger

The South African Poultry Association (Sapa) says it is disappointed in the suspension of anti-dumping duties on certain imported chicken products, adding that the South African industry has... 


South African food inflation continued an upward trend last month
27th July 2022 By: Rebecca Campbell

South African food and non-alcoholic beverage inflation jumped 8.6% last month, in year-on-year (y-o-y) terms, the Bureau for Food and Agricultural Policy (BFAP) has reported, in its latest ‘Food... 


IFC provided $9.4bn for private sector development in Africa in the past year
25th July 2022 By: Schalk Burger

Development finance institution the International Finance Corporation (IFC) provided record financing of $9.4-billion in investments between July 2021 and June this year across 36 countries in... 


Water and Sanitation Minister Senzo Mchunu
Progress in pipeline project witnessed
8th July 2022

In May, Water and Sanitation Minister Senzo Mchunu, and Deputy Ministers David Mahlobo and Dikeledi Magadzi were on hand to witness the progress of the construction of the raw water bulk water... 


South African food inflation rose sharply in May
29th June 2022 By: Rebecca Campbell

Food inflation in South Africa rose sharply in May, in both year-on-year (y-o-y) and month-on-month (m-o-m) terms, the Bureau for Food and Agricultural Policy (BFAP) has reported in its latest Food... 


Farmers petition government to intervene in Tiger Brands factory closure
23rd June 2022 By: Darren Parker

Fruit producers have made urgent requests to the Western Cape provincial government, as well as national government, to intervene in food manufacturer Tiger Brands’ decision to close down its... 


GreenCape’s 2022 green economy market intelligence reports outline opportunities
15th June 2022 By: Tasneem Bulbulia

This year’s editions of nonprofit organisation GreenCape’s yearly green economy market intelligence reports (MIRs) have been made available. The reports were officially launched on June 7 by... 


Dr Patrice Motsepe
Motsepe Foundation, partners invest in projects to uplift farmers, communities
15th June 2022 By: Darren Parker

Nonprofit organisation the Motsepe Foundation has launched two large-scale agricultural and farming projects involving rural and traditional communities in Limpopo and Mpumalanga, in partnership... 


South African agriculture again recorded growth in the first quarter, but trend is slowing
15th June 2022 By: Rebecca Campbell

The Bureau for Food and Agricultural Policy (BFAP) has highlighted the continuing economic growth of the South African agricultural sector during the first quarter of this year (Q1 2022) but has... 


Land Bank aims for debt solution by end-Sept
2nd June 2022 By: Reuters

South Africa's Land Bank is working on a new debt restructuring plan that it hopes will be finalised by the end of September, the National Treasury said on Wednesday. The state-owned agricultural... 


Image of farming equipment
Agri SA proposes diesel rebate scheme increase to buffer food prices from fuel hike
31st May 2022 By: Schalk Burger

A targeted intervention to increase the diesel rebate to the agricultural sector would buffer the cost pressures that impact food prices, while also being a more sustainable option over the coming... 


An image of chickens
Local poultry producers remain at odds with chicken importers on tariffs
30th May 2022 By: Donna Slater

In an ongoing dispute between chicken importers and local chicken farmers about lowering the prices of poultry products, trade movement FairPlay founder Francois Baird has challenged chicken... 


A picture of two gentlemen shaking hands at a branded stand at an event hosted by event organizer Specialised Exhibitions
Need for fire-related event realised
20th May 2022 By: Halima Frost

Event organisers Specialised Exhibitions’ inaugural Firexpo South Africa 2022 will highlight the services and products of local suppliers in the fire prevention and protection sector to visitors.... 


South African farmland
Land Bank's 2-year lending drought to farmers to end by September, Parliament hears
18th May 2022 By: News24Wire

The Land Bank on Tuesday told Parliament that it would resolve the default on its debt by the end of September, ending a period of two years in which it has not been able to lend to farmers. The... 


Small-scale farming collaborative gains momentum
17th May 2022 By: Donna Slater

The rethinking of food systems for South Africa needs to start with individual food producers on the ground and expand from there – as laid out in a project called “Towards recalibrating food... 


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