South Africa’s 2019/20 winter crops marketing year ended this past week. The key data point most analysts observe are wheat imports, as the country imports about 51% of its annual wheat consumption.
The worst thing about an ANC government in South Africa is that it appears we are stuck with them!
The widespread prevalence of COVID-19, the illness caused by SARS-CoV-2, among the farm and packing workforce is well documented.
Following internal debate within the ANC between Finance Minister Tito Mboweni and Secretary General Ace Magashule, the party has decided to abandon nationalising the South African Reserve Bank (Sarb).
We have in the past argued that 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.
The rising grain prices, which over the weekend I highlighted their impact on the livestock sector, present upside risks also to South Africa’s food price inflation.
