Tag Archives: boere

Steep jump in petrol price from Wednesday

Cape Town – The price of petrol will increase by 67c a litre from next Wednesday, while the price of diesel will be 44c a litre more, the Department of Energy said on Sunday. Energy Minister Mamoloko Kubayi said the rand/US dollar exchange rate and the prices of petroleum products in the international markets are the main contributing factors for the September price hike. “The Rand depreciated, on average, against the US dollar during the period under review.” In addition, there was an increase in the crude oil prices coupled with a weaker rand, massive floods caused by the storm […]

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Drought could cost SA almost R10bn in food export revenue

The South African economy could potentially take a R9.2-billion knock in export revenue loss for food crops as the drought continues. Citing industry sources, Business Day reports that this figure excludes the drought’s effect on farmers’ income, job losses and any inflationary aftermath. Grain South Africa published on its website recently that the country would have to import 770 000 tonnes of maize until the end of April next year at R2.2bn. The country will also need R1bn worth of wheat imports to make up for shortfalls triggered by drought conditions. In the 2013/2014 financial year, SA produced a bumper […]

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Transport management needs macroeconomic approach, urges logistics professor .

South Africa is a transport challenged country and, although transport-related issues should be a government priority, this is not the case and government has not yet mastered managing transport and logistics from a macroeconomic perspective, Stellenbosch University (SU) logistics professor Jan Havenga told delegates at a recent meeting of the Transport Forum, in Durban. Print Send to Friend 1 0 He added that a great deal could be gleaned from the Logistics Barometer launched by SU’s Logistics Department earlier this year. The barometer measures logistics costs as a percentage of a country’s gross domestic product (GDP) and unpacks this to […]

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Agriculture is our wisest pursuit, because it will in the end contribute most to real wealth, good morals, and happiness. – Thomas Jefferson    Please follow and like us:

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Is food shedding next, asks Grain SA

Bloemfontein – There will be food shortages if the government’s land reform policy went ahead, Grain SA has warned. “We have electricity load shedding. Is food shedding next? Will we take turns at eating?” asked Jannie de Villiers, CEO of Grain SA during a media conference at the Nampo show in Bothaville. “We are not saying no to land reform, but we are looking for plans that can ensure food security in the country. But grain producers say no to minister Gugile Nkwinti’s [Minister of Rural Development and Land Reform] 50:50 land ownership plans. “These plans fall outside government’s policy […]

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