We are just over two weeks before the Crop Estimates Committee (CEC) releases data on South African farmers’ intentions to plant summer crops for the 2020/21 season.
In the 2019/20 marketing year, Zimbabwe’s maize imports, specifically from South Africa didn’t gain much momentum until the start of 2020.
Whoa, we’re burning police vans now? I refuse to believe that honest, hard-working, law-abiding, food-providing farmers could do something so barbaric.
The growth of South Africa’s agricultural fortunes and job creation will, in part, depend on the expansion of agricultural activities in the underutilised former homelands regions and farms that government acquired through the land reform process.
South Africa’s tractors sales maintained the positive path in September 2020, which has been underway since June, increasing by 23% y/y with 529 units sold.
The SA Reserve Bank (SARB) key repo rate is currently 3.5%, which means the prime rate that affects consumers is 7% – South Africa’s lowest rate since 1966. And rates are likely to remain subdued for some time.
