South American and Asian farmers have five times as many tractors as Africans. To meet its potential as ‘the food basket of the world’ farmers need not only subsidised machinery but clear government support to emerging private markets.
Comparing prices between September 2016 and September 2017, food price inflation in its basket of 36 items hit just under 3 per cent – but a new report questions whether some retailers used the drought to push up prices across all foodstuffs
Nearly three years ago, Pick n Pay’s CEO Richard Brasher told shareholders that the retail group had completed its phase of “stabilising the business” that was the first step in its effort to rein in losses and return the retailer to its former glory, says www.moneyweb.co.za
Losses are estimated at Rand 800m in six provinces of the Western Cape where Avian flu has already caused egg prices to soar and two million chickens have been culled. There could be job losses too warn industry chiefs. Other parts of south Africa have been hit as migratory birds spread the killer disease, including Johannesburg Zoo.
How Egyptian government called in an international standards agency to ensure the best quality of farmed fish produced in the country
Colonel Sanders’s Kentucky fried chicken is not only the country’s favourite fast food brand, but it’s the top brand overall according to a survey of 3,500 people even beating mobile phone giant Samsung to South Africa’s heart
South Africa’s agricultural sector leads the country out of recession – it expanded 33.6 per cent year on year thanks to the end of the three-year drought which caused a fall in crop production.