Economy

Bold steps to stimulate a changed economy and renewal of South Africa’s growth trajectory

An alternative economic strategy for South Africa, proposed by Dr Nthabiseng Moleko and Prof Mark Swilling could see GDP doubling in 10 years, 10-million people moving out of poverty, and unemployment cut by two-thirds to 12% by 2030.

Fuel price drop, a boost in time for planting in just over a week’s time

In just over a week’s time, the planting of summer crops particularly maize begins in the eastern producing areas of the country. The weather outlook is quite positive with a La Nina in the offing, a pattern characterised by above-normal rainfall for the Southern Africa region.

Outlook for the agricultural sector into 2021

Against the backdrop of a contracting overall economy with South Africa’s gross domestic product (GDP) for 2020 forecast to decline by over 8% year-on-year (y/y), there is a silver lining in the agricultural sector outcomes for the next season.

Expanded unemployment rate jumps to 42% in 2020Q2