Politics Wednesday

THE XCHANGE PLATFORM  |  Podcast , ±30 min episodes every 2 weeks, 3 days  | 
South Africa is at a cross-roads. A leadership void has emerged in the wake of constant political scandals and economic challenges.

A universal, critical need continues to go unmet by as illegitimate conversations spread across social media.

There is a lack of sophistication in leveraging digital channels and a fractured and fragmented news media to appeal to SA audiences hungry for leadership and certainty.

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25
JUL

Russia/Ukraine grain export deal promises major benefits for poor countries. If

If Russia keeps to the deal it has signed with Ukraine allowing for the resumption of grain exports, much needed relief will be provided to importing countries, including many in Africa.

The relief would be significant as Ukraine has roughly 22 million tonnes of grain (wheat, maize, sunflower seed and other grains) in silos. It has not been able to ship these to export markets because of Russia’s invasion, which disrupted infrastructure and the attacks on vessels transporting goods.
04
JUL

SA has sufficient food supplies, and price pressures on consumers likely to ease in the coming months

South Africa's 2021/22 summer crop harvest is in full swing across the country. The feedback from farmers about the yields they are receiving has been encouraging. Hence, we believe that the data that the Crop Estimates Committee (CEC) released this afternoon is unlikely to change much over the coming months. The CEC released its fifth production estimate and introduced minor adjustments from the previous month.
Agric Matters with Wandile Sihlobo
28
JUN

South Africa’s consumer food price inflation accelerated in May

Agric Matters with Wandile Sihlobo
Agbiz Chief Economist Wandile Sihlobo examines the latest trends in food prices.
We are in a period of elevated prices, and food is at the core of these increases. For example, in May, South Africa’s consumer food price inflation accelerated to 7,8% y/y, from 6,3% in the previous month. This is the quickest pace since March 2017. The increase was broad base on all food products in the inflation basket. This largely mirrors the uptick we have been seeing in the global agricultural commodity prices, and indeed the domestic market.
20
JUN

Agric Matters with Wandile Sihlobo

Agbiz Chief Economist  Wandile Sihlobo analises the latest trends in the economy with a particular focus on agriculture. He upacks the Agbiz/IDC Agribusiness Confidence Index (ACI) which moderated further by 2 points to 60 in the second quarter following a 12-point decline in Q1, 2022. This fall in sentiment is on the back of a range of factors including rising input costs, biosecurity concerns, hikes in interest rates, intensified geopolitical risks, as well as ongoing weakness in municipal service delivery and network industries. Still, a level above the neutral 50-point mark implies that agribusinesses remain broadly optimistic about operating conditions in South Africa. Therefore, Q2, 2022 results still reflect favourable conditions, albeit not as strong as the recent quarters. This survey was conducted in the first ten days of June 2022 and covered agribusinesses operating in all agricultural subsectors across South Africa.
19
APR

Agriculture matters with Wandile Sihlobo

Rice ranks second in the four major agricultural products that South Africa imports annually and account for 7% of the US$6,9 billion spent on agricultural products imports in 2021. Other products are wheat, palm oil and poultry products. In volumes terms, South Africa imported about 1,1 million tonnes of rice, both for annual consumption and exports to the neighbouring countries. The latest data from the International Gra
11
APR

Agriculture matters with Wandile Sihlobo

While we maintain a cautious view of the South African agricultural machinery sales outlook in 2022, the high-frequency data confirm that the sales remained robust in the first three months of the year. The tractor sales were up by 5% y/y in March 2022, with 641 units sold. At the same time, the combine harvester sales were up 48% y/y, with 43 units sold.
07
OCT
2021

In Conversation with Zintle Letlaka

Isaah Mhlanga, Executive Chief Economist at Alexander Forbes
Wandile Sihlobo, Chief Economist of the Agricultural Business Chamber of South Africa (Agbiz)
Mamokete Lijane, Fixed Income Sales Trader and Macro Strategist at Absa CIB, Absa Group.
07
OCT
2021

In conversation with Nompu Siziba, SABC Business Journalist

Razia Kahn, Chief Economist, Africa and Middle East, Global Research, Standard Chartered Bank; Joseph Cotterill, Bureau Chief, Financial Times Southern Africa, Anne Fruhauf, Managing Director, Teneo, responsible for Southern Africa; Peter Worthington, Senior Economist at Absa.
07
OCT
2021

Business Perspective

Colin Coleman, former senior fellow at Yale University and partner at Goldman Sachs, current co-chair of the Youth Employment Service, and member of The Foschini Group board; Stavros Nicolaou, senior executive at pharmaceutical company Aspen Pharmacare; Jason Quinn, Absa Group Interim Chief Executive Officer

18 episodes

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