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Month: May 2019

SA Agribusiness Records $660m Trade Surplus in the First Quarter

SA Agribusiness Records $660m Trade Surplus in the First Quarter 28 May 2019 – Data from the Agricultural Business Chamber (Agbiz), which represents commercial farmers and agribusiness enterprises, yesterday showed that the sector weathered the tough start to the year and recorded a trade surplus of $660 million (R9.53 billion) in the first quarter, up 11 percent from …

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GDP Growth Revised Down to 1%

GDP Growth Revised Down to 1% 27 May 2019 – South Africa’s 2019 GDP estimated growth rate had dropped to 1% for 2019, said the South African Reserve Bank yesterday. In a statement issued by SARB governor, Lesetja Kganyago, based on the short term indicators and negative growth in mining and manufacturing – GDP is …

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