Alcohol industry applies for deferment of R5bn in excise tax

21 July 2020. The renewed prohibition of alcohol sales with immediate effect has led the South African alcohol industry to apply for a deferment of the payment of over R5bn in excise duties for July and August 2020. Read more…


Reinstated liquor ban puts pressure on agricultural commodities

21 July 2020. With the first ban on liquor sales, due to Covid-19 regulations, there was already an accumulation of supply of raw materials, some of which could not be stored for extended periods and which also did not have any export opportunities. Read more…


Alcohol and tobacco ban already devastating Treasury’s coffers

16 July 2020. Read more…


Africa free-trade vision clouded by virus and pace of talks

3 July 2020. A historic deal to smash down tariff barriers within Africa is being braked by the coronavirus pandemic and a thicket of negotiating problems. The African Continental Free Trade Agreement (AfCFTA) was formally launched just over a year ago in a blaze of optimism. It was supposed to take operational effect on Wednesday, July 1, but the timeline has slipped, under the complications caused by the COVID-19 outbreak but also the slow pace of negotiations themselves. Read more…


The effects of the Covid-19 pandemic on agricultural employment in South Africa

30 June 2020. A key question that consistently arises amid the Covid-19 pandemic’s impact on the economy is its effect on employment. We believe there may be some resilience in the agricultural sector compared to other sectors of the economy. Read more…


SA leads Africa’s maize trade during Covid-19

30 June 2020. The ongoing Covid-19 crisis has brought significant uncertainty to global trade, largely due to disruptions in supply chains and weakening demand. Read more…


Business confidence at rock bottom as economic activity tumbles on lockdown regulations

11 June 2020. The Rand Merchant Bank/Bureau for Economic Research (RMB/BER) Business Confidence Index (BCI) plummeted to five points from 18 points in the first quarter. Read more…


Agbiz, BFAP says SA’s agriculture sector is stabilising

9 June 2020. Experts in the agricultural sector are confident that the introduction of level 3 lockdown restrictions will bring relief to the food supply chain, which has experienced significant disruptions over the past two months. Read more…


South African farmers will feel delayed impact of fuel price increase

4 June 2020. Pertunia Setumo, agricultural economist at FNB Agribusiness, has stated that many South African growers will experience a delayed impact of the current fuel price increases. The reason for this is that many producers who are in the process of harvesting and planting would have already stocked up on fuel for the season. Read more…


The impact of Covid-19 on South Africa’s agriculture economy

2 June 2020. Agriculture has been declared a critical industry and as such is exempt from the harshest lockdown regulations. However, job losses in the agriculture sector will be an unintended consequence of lockdown. In South Africa, this will be a major spoke in the wheel of government’s ambition to increase employment in agriculture and agro-processing by a million jobs by 2030. Read more…