If roads be the economic lifeblood, SA's flatlining

Loading player...
A recent survey from Agri SA has found South Africa's rapidly dilapidating road infrastructure is having dire consequences on the agricultural sector. Over 300 farmers across the five worst-affected provinces participated in the survey. Farmers said they relied on road transportation to move an average of 94% of their produce. On average, participants transported an estimated R23m worth of agricultural produce by road in the last financial year for a combined total of more than R7.1bn. That's just among the participants of the survey. Almost 70% of respondents indicated trying to fix the roads themselves at a cost of R200 000 per respondent. Dr Jack Armour, the Commercial Manager of Free State Agriculture, an affiliate of Agri SA, told BizNews that tar and gravel roads in his province are in a very poor condition presenting a threat, not only to agriculture as a sector, but to the lives of communities as a whole. Learn more about your ad choices. Visit megaphone.fm/adchoices
7 Apr 2022 8AM English South Africa Investing · Business News

Other recent episodes

Cityboy is back: his tip to win big in financial services? Trade your soul

A former top-ranked City of London stockbroker has written a manual for winning at business, politics and life. There's just one catch: to follow it, you'd have to think like a psychopath. Geraint Anderson, the man behind the legendary "Cityboy" column, tells BizNews editor Alec Hogg why he built his…
30 Jul 9AM 32 min

R1-billion blended finance programme to transform real estate

In this interview with Chris Steyn, Alessandro Scalco of RMB Sustainable Finance shares the details of a R1 billion Blended Finance Programme to formalise and scale South Africa’s burgeoning affordable rental market. Rand Merchant Bank (RMB) has partnered with INDLU, a property financial technology company that empowers landowners to build,…
30 Jul 6AM 15 min

BN Daybreak: Ramaphosa interdict bid; Fed holds rates; Fauci's Fifth Amendment; Zambian kwacha

In today's episode, the Fed leaves interest rates unchanged amid a fractured vote and market sell-offs. Locally, four parties are challenging President Ramaphosa's impeachment interdict, while Treasury controversially releases funds to 69 failing municipalities. We also cover Dr. Fauci invoking the Fifth Amendment regarding the Covid-19 response, Zambia's kwacha surging…
29 Jul 11PM 16 min

Murder, mayhem, treachery, and court battles = SA politics: Solly Moeng

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to…
29 Jul 5AM 15 min