Agri SA calls on government to be vigilant around produce trade. Globally, the decline in demand for agricultural produce has resulted in stock surpluses and over-capacitated storage facilities.
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“The high crime levels, especially farm attacks, which leave the farming community vulnerable, have further escalated over the past weeks after relaxation of the lockdown measures. This has once again sent shock waves through the farming community. Criminality affects not only the farmer but also farmworkers and the rural community, which can only be regarded as an economic and emotional attack on agriculture,” said Tommie Esterhuyse, chair of Agri SA’s Centre of Excellence: Rural Safety.
NERSA has announced its decision regarding Eskom’s Regulatory Clearing Account (RCA) application for the 2018/19 financial year. NERSA approved an RCA balance of R13,3 billion in Eskom’s favour. Eskom’s application was for R27.32 billion.
Land Bank has warned debt holders of R50 billion that it is in danger of defaulting. The repayments in question are for its revolving credit facility, Land Bank cited a current “liquidity shortfall” as the problem.
Agri SA calls for understanding and considerate conduct in agricultural value chains during the COVID-19 lockdown period. The agricultural sector has a massive responsibility to ensure food security during the lockdown period, but also in the trying economic times ahead.
Moody’s downgrade of South Africa’s sovereign credit rating to ‘Ba1’ from ‘Baa3’ is not unexpected. A perfect storm has been in the making for some time due to policy uncertainty, weak economic growth, rising debt levels, a decline in income to the fiscus and high levels of corruption and ineptness in government departments.
Agri SA welcomes the release of results for the latest [1] Census of Commercial Agriculture (CoCA). We realise that good decision-making on the spectrum of matters that affect agriculture should be based on accurate and reliable information.
“Eskom has implemented stage 6 load shedding from 18:00 to 22:00 on Monday evening, catching the South African economy off guard,” says Nicol Jansen, Agri SA’s chair of the Centre of Excellence: Economics and Trade.
Agri SA is heartened by the Minister of Agriculture, Land Reform and Rural Development, Thoko Didiza's budget speech delivered at Parliament on 16 July 2019.
Agri SA se gholfdag ten bate van die Agri SA Droogterampfonds het op Dinsdag, 16 April 2019 by die Woodhill Golf Estate plaasgevind. Op die dag is Senwes deur manne van Senwes Credit en Senwes Equipment verteenwoordig.
Hinterland and Senwes have kick-started campaigns to collect drinking water to areas that are affected by the current drought.
Bydraes vir Senwes en Agri SA se droogterampfonds stroom in en is sterk op pad na R3 miljoen toe.