21 October 2016
Economic and agribusiness intelligence
South African food inflation unchanged 

Figures released this morning by Statistics South Africa show that headline inflation has accelerated to 6.1% year-on-year (y/y) in September 2016 from 5.9% y/y in the previous month, with rentals for housing and owners' equivalent rent being the key driver of this uptick.  However, food and non-alcoholic beverages inflation has remained unchanged from the previous month, at 11.3% y/y. 
  Wandile Sihlobo, Head Economic and Agribusiness Research at Agbiz provides more information in the linked update»

South African fuel prices set to increase next month

Preliminary estimates from the Central Energy Fund suggest that petrol and diesel prices could increase by 47 cents per litre (c/l) and 65 c/l, respectively, on 2 November 2016. This could bring the retail price of petrol (95 unleaded) up to R13.07 per litre from the current level of R12.60 per litre. At the same time, diesel price (0.05%) could increase to R11.36 per litre from the current level of R10.71 per litre.   Wandile Sihlobo provides more information in the linked update»
Daily view on commodity markets

Daily commentaries on agricultural commodity markets and macro-economic trends are available on the Agbiz website  www.agbiz.co.za
Skills development in agribusiness
The one million jobs question - will agricultural investment rise to the occasion?

Job opp Will the South African agricultural sector manage to generate a million jobs by 2030, against the backdrop of a stubbornly high and persistent (youth) unemployment problem? Who will invest in agriculture? Which product markets are to be considered for investment? When and where will such investment take place, and how should it be done to more effectively contribute to broad-based agricultural growth? How can such growth be defined - is it related to output or the value of production, or both? Under what conditions can investment grow meaningfully? Tinashe Kapuya, Head International Trade and Investment Intelligence at Agbiz sheds more light on this in the linked article»
Skills development in agribusiness
Agribusiness Centenary Bursary - Apply now

Agbiz is making available an annual bursary to a South African student registered for a Masters or PhD degree in either agricultural economics or agribusiness management related fields. The application deadline is 9 December 2016.  More information»
Members' news
News from Fresh Produce Exporters' Forum

Find  linked the October newsletter of the Fresh Produce Exporters' Forum.
Monsanto focuses on technologies, tools and information that empower farmers to feed people in the future

The worlds poorest - many of whom are farmers, fishers and pastoralists - are hit hardest by higher temperatures and an increasing frequency in weather-related disasters.  "We will have to produce more food while using natural resources more efficiently if we want to continue providing food to all people across the globe.  At Monsanto, we focus on and provide technologies, tools and information that empower the world's farmers to find solutions to the challenge of feeding 9 billion people expected to inhabit the earth by 2050," says Kobus Steenekamp, MD Monsanto SA.  Read media release»
Industry news
Register for African Agri Investment Indaba

The African Agri Investment Indaba is the largest investment platform for agri business and covers the entire value chain of agriculture with an international high level conference, an exhibition area and the "Investment Discovery Sessions". These sessions will present pre-selected African agri projects from over 12 countries and a combined value of US$ 2.6 billion to African and international investors.   Read more»
Bridges Africa news

Implementing the ambitious 2030 Agenda for Sustainable Development will require policy actions on many fronts, including trade and investment. In Africa, the stake is especially high, as the continent continues to lag behind on many aspects of development. Against this backdrop, how can trade and trade policy be leveraged to spur development and help achieve the Sustainable Development Goals (SDGs) in Africa? This issue aims at shedding light on this question.  Click here»

Find linked Eskom's investor presentation.  

There have been requests from several farmers countrywide for a registered Agritourism Association to represent their interests. In addition, farm management specialists confirm that, in general, each farm by its nature has free resources that are not being used in agricultural production. Making these resources accessible provide farmers and farm communities with additional opportunities to generate income.   Read more»
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