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Transnet’s top executives earned a combined R87 million over the last year, with CEO Portia Derby leading the pack with an R8.5 million salary. This was revealed in Transnet’s annual results for the year ended 31 March 2023, released on Friday, 1 September 2023. The South African rail, port, and pipeline company has unique assets worth an estimated R364 billion, which are nearly impossible to replicate. It includes a 30,400 km railway network, 3,800 km pipeline infrastructure, eight commercial ports, 16 cargo terminals, and 1,854 operational locomotives. Despite its impressive assets and a monopoly in many areas where it operates, the company faces severe operational and financial challenges. Rail volumes decreased by 13.6% due to these challenges, which was behind an EBITDA decrease of 2.1% to R23.0 billion.
Durban-hawe gaan dieper en breër gemaak word in die hoop om groter en meer vragte na die grootste vraghouerhawe in Afrika te lok. Transnet het Vrydag sy jaarresultate vir 2022-’23 vrygestel. Die staatsbeheerde groep het ’n verlies van R5,7 miljard vir die jaar aangeteken – dit is in skrille kontras met sy R5 miljard wins die vorige boekjaar. Pravin Gordhan, minister van openbare ondernemings, het in sy spreekbeurt gesê daar is egter planne in die vooruitsig om die groep se “swak vertoning” aan te pak.
A total of 45,679 cars and commercial vehicles were sold last month, down from 47,155 in August 2022. Car sales numbered 28,951, compared with 31,015 last year. After eight months of 2023, the aggregate market for all new vehicles was 355,246. That was 3.4% ahead of the 343,517 at the same stage of 2022. Year-to-date car sales were down 3%, from 238,148 to 231,112. The car market has struggled for several months but its weakness has been compensated for by sales of bakkies and larger commercial vehicles.
Annual producer price inflation in July fell to its softest reading since October 2020, thanks mainly to a further decline in the prices of coke, petroleum, chemical, rubber and plastic products but economists warn that upside risks from the weaker rand persist. On Thursday Stats SA data showed that producer price inflation eased to 2.7% in July, from 4.8% in June, 7.3% in May and 8.6% in April — and well below the Reuters consensus forecast of 2.9%.
Namibia -Altesaam 78 212 beeste is tydens die tweede kwartaal van 2023 bemark, wat ‘n groei van 8.8% is van die vlak wat in die tweede kwartaal van verlede jaar behaal is. Die verhouding tussen lewendige uitvoere en slagtings in die land het met 53.0% verbeter in die geval van alle beeste wat by A-, B- en C-klas-abattoirs geslag is, terwyl die markaandeel van lewendige uitvoere verminder het en ‘n gemiddeld van 47.0% bereik het, ‘n afname van 5.9% van totale bemarking. Markseine funksioneer skynbaar goed in die lewendehawe- en vleisbedryf aangesien produsente goed reageer op relatief aantreklike pryse wat deur A-klas abattoirs aangebied word.
In June, the European Union initially gave France about $172 million to destroy nearly 80 million gallons of wine, and the French government announced additional funds this week. Producers will use the funds to distill their wine into pure alcohol to be used for other products, such as cleaning supplies or perfume READ MORE
Fossil-fuel subsidies surged to a record $7 trillion last year as governments supported consumers and businesses during the global spike in energy prices caused by Russia’s invasion of Ukraine and the economic recovery from the pandemic. READ MORE
Today approximately 50% of the world’s grain harvest and 70% of the world’s soy is used in animal feed. This is cultivated on a limited amount of land and as demand for animal protein grows so does the pressure on land use change for animal feed – a major driver of biodiversity loss. Essentially we must extract more nutrition our of less and reduce the pressure on land use change. READ MORE
The older generation cherishes farming as a way of life, while the youth often perceive it as a dirty job or a last resort when white-collar jobs are not available. Many young people consider agriculture unviable and non-lucrative. However, agriculture is essential in Africa, providing food security, employment opportunities, and contributing significantly to the continent's economy. Unfortunately, it has been burdened by numerous stereotypes. READ MORE
New Holland Agriculture said the T4 Electric Power marks the launch of an entirely new product category for the 2024 model year: the “utility electric.” The T4 is powered by a lithium-ion battery pack capable of delivering consistent power and torque for daily farm routines. READ MORE
Hierdie weeklikse oorsig word totaal en al vertaal in 5 tale en word reg oor die wereld gepubliseer.
Ons het ook nou 'n weeklikse AUDIO CAST in Engels- Net die Hooftrekke. Saam met dit is ons gewilde Agri News Rush wat binnekort weer gaan terug wees in 'n ander formaat.
Dankie dat jy elke dag deel is van ons - NUUS NETWERK- Ons maak dit nog groter.
7 dae per week is ons span aand ie werk- Onafhanklik en gefokus op ons werk- Internasionaal is daar groot belangstelling in ons mediums.
Our visitors to our mediums increased with 29 % in the past week - We have hundreds of new upcoming farmers visiting our mediums .
No medium in farming and agriculture give you so much news at one address. - 350 "good news " stories per week-
Our domains - farmingportal.co.za -agricultureportal.co.za and agrinewsnet.co.za
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AUDIO CAST of the WEEK
WOMEN’S INSIGHT DELIBERATION COMPETITION 30th November 2023 -
PLEASE TAKE NOTE- ENTRY DATE MOVED to 30th November 2023
Women in agriculture deserves recognition. These women are in most cases graduated or with some form of post-school tertiary qualification and a leader in hear community, church, at the local school, clinic and plays a role in keeping the daily activities on the farm, running.A Women who forms part of the decision making on the farm, support her husband to adapt to the changes in weather, government rules, managing the finances of the farm as a business.A Women who offers an input before agricultural meetings and conferences. This Women has a direct input in the management of the farm and allows her husband to be a farmer and allows him to farm. A Women without a platform to raise her own voice.The reality is that men as farmers compete in competitions, wins luxury vehicles and invited to international agricultural trade and study tours, but never such an opportunity for women in agriculture.
AGRI NEWS NET- WEEKEND NEWS RUSH Summary of the Week News 27 th August 2023
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2022 Winners of the Junior Agri writers awards at the Function at Hollard Head Office
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Here is just a few of the 350 that were posted this week.
Dit normale praktyk in die wereld wanneer lande bilaterale oorekomstes sluit dat biede partye voordeel trek daaruit- Dit beteken dat Suid Afrika nou wel vleis kan uitvoer na sekere lande- maar niemand het nog aangedui wat Suid Afrika moet invoer van die lande waarna die vleis uitgevoer word nie- Die media is baie gou om te berig van uitvoer, maar nie van wat ingevoer word nie. Min is nog gese oor die invoere.
This past week, the Kingdom of Saudi Arabia was mentioned as one of the countries that are set to join the BRICS in January 2024. This is a major development and one that offers another avenue for diversifying the geographic destinations of South Africa’s agricultural exports. There is no doubt that South Africa’s agriculture stands to benefit enormously from close cooperation with Saudi Arabia. As chair of the 15th BRICS Summit, South Africa championed the need to deepen trade and investments amongst the BRICS countries, a point that other members overwhelmingly supported. The agribusiness working group of the BRICS Business Council, in particular, raised the trade aspect and the need to resolve non-tariff barriers that would distort agricultural trade amongst BRICS countries. The categories that have attracted attention in the market recently are mainly Xinjiang plums and imported citrus. The arrival of prunes, South African citrus, and imported apples this week has increased compared with the previous two weeks.
EU peach and nectarine production is estimated to rise 12% year-on-year for the upcoming 2023-24 season, according to the USDA’s latest report. In recent years, Spain and Italy decreased their growing areas due to a surplus of peach production that dropped prices and resulted in poor economic returns for farmers
After months of outperforming expectations, new-vehicle sales hit a “tipping-point” in August as the full weight of economic reality hit consumers, Brandon Cohen, chair of the National Automobile Dealers’ Association, said on Friday.
Durban-hawe gaan dieper en breër gemaak word in die hoop om groter en meer vragte na die grootste vraghouerhawe in Afrika te lok. Transnet het Vrydag sy jaarresultate vir 2022-’23 vrygestel. Die staatsbeheerde groep het ’n verlies van R5,7 miljard vir die jaar aangeteken – dit is in skrille kontras met sy R5 miljard wins die vorige boekjaar.
Suid Afrika se inwoners moet ophou om teatergangers te wees- en heeldag te sit en kyk wat in die media gebeur- Suid Afrika is al lankal besig om agteruit te gaan en julle hou dit dop. Politieke leiers en allerhande linkse en regse element is die spelers in die sogenaamde "movie" julle word eintlik vermaak deur 'n siek media en klomp korrupte politieke leiers en aanhangsels.
Prescribed grazing strategies offer an effective way to improve animal productivity and profits. The following is a review of some of the strategies that help achieve these targets.
Soaring temperatures, stifling humidity and the pungent smell of rotting vegetation sounds more like an excursion through a rainforest jungle, but these were the conditions experienced by some of the approximately 100 scouts that participated in the recent Pro Farmer Midwest crop tour.
GWK Pecans was established in 2018 to support the growing industry and to create a unique pecan business that empowers our farmers. Our focus is on supplying in the demand for high quality pecan nuts to the global market. Our business model offers farmers the opportunity to be shareholders in their own pecan business, while supporting the growing demand internationally.
The mood on the global market for lemons is generally optimistic, with the exception of those countries suffering from increasingly volatile weather conditions.In the Netherlands, the lemon market remains stable, exhibiting positive growth after a temporary lull in demand linked to moderate weather conditions.
Die wêreldwye neiging van antimikrobiese weerstand by mense, diere en plante wek plaaslike ook kommer. Volgens die Namibiese Landbou-unie sou strenger regulering daargestel word, dit sake uiters moeilik vir plaaslike boere sal maak. Die Namibiese regering oorweeg tans strenger beheermaatreëls op die gebruik van antibiotika, wat ook plaasdiere sal insluit.
Verbruikers moet hulle staal vir nóg ‘n brandstofprysverhoging aanstaande week wat regstreeks ‘n negatiewe uitwerking op motoriste, boere en vervoerondernemings sal hê. Volgens syfers van die Sentrale Energiefonds sal die prys van diesel met nagenoeg twee rand-75 styg, wat neerkom op die grootste styging in die dieselprys tot nog toe.
Eskom het die prys van elektrisiteit met 446% verhoog sedert beurtkrag in 2008 begin het, wat inflasie in Suid-Afrika aandryf en die koste om sake te doen aansienlik verhoog het.
Transnet’s underperformance poses a significant risk to the South African economy and requires urgent intervention.This is according to the National Treasury’s most recent presentation to Parliament’s Standing Committee on Appropriations.
The quantity of industrial and semi-industrial fishing within Mozambique expanded by 10.5% during the initial quarter in comparison to 2022, reaching a total of 3 219 tonnes, Lusa news agency reports. However, it constitutes a mere 13.7% of the complete projection for the sector in 2023.
TLU SA is in the final stages of preparations for the annual Congress, taking place this year on 6 September at the Voortrekker Monument. "For us, as the oldest agricultural organisation in South Africa, it is a great privilege to host our congress this year at this special site," says Bennie van Zyl, general manager of TLU SA. "The historical connection is something we cherish."
EU peach and nectarine production is estimated to rise 12% year-on-year for the upcoming 2023-24 season, according to the USDA’s latest report. In recent years, Spain and Italy decreased their growing areas due to a surplus of peach production that dropped prices and resulted in poor economic returns for farmers.
Vir nog meer nuus - www.agrinewsnet.co.za
We almost there
In Railway Market, Thailand, fruit sellers make the most of every inch of available space with impressive efficiency…
pic.twitter.com/kgWa69p0j3
— Tansu YEĞEN (@TansuYegen) September 1, 2023
Something to remember
Fish want to swim to the highest point pic.twitter.com/zIvnNwfgrB
— Vala Afshar (@ValaAfshar) September 2, 2023
Woh- we see it every day - our honorable President - we glad that a few things is still working.
ANC President Cyril Ramaphosa says apartheid has continued to cast its shadow on everything his party has sought to do. Ramaphosa is hosting a dialogue ahead of the party's manifesto review. #DStv403 #eNCA pic.twitter.com/j9H3VJx9nl
— eNCA (@eNCA) September 2, 2023
And for the strong men and women who enjoy their wine
Now you know this.pic.twitter.com/k71ImUzUP3
— Figen (@TheFigen_) September 2, 2023
Another blaming of the past- Out President has a big influence.
Wake up Bahlali. Here is a full clip of Minister of Transport blaming the Apartheid Government for the state of our rail services. It's not just Lindiwe Zulu. It looks like the ANC is still blaming the apartheid for its failures, unless if I don't understand English. pic.twitter.com/wm55TrPtCd
— Pearl Mashaba🇿🇦 I 💚ActionSA (@okaMashaba) September 3, 2023
