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Month: Dec 2020

SA Business Confidence Extends Recovery

14 December 2020 – South African business confidence continued its slow recovery in November, rising to its highest level since April last year, driven by low inflation and the resumption of trade after the coronavirus lockdown, a survey showed on Wednesday. The South African Chamber of Commerce and Industry’s (Sacci) monthly business confidence index (BCI) …

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SA Agriculture Exports Hit Record On Large Harvest And Efforts To Keep Sector Open

10 December 2020 – The combination of a large harvest, joint efforts between the government and the private sector to keep agriculture operational since the outset of the Covid-19 pandemic and the lockdown, and long-term export market development efforts continue to pay off for SA’s agricultural sector. In the third quarter, the country recorded record …

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Implementation Of Poultry Master Plan Progressing, Industry Capacity Increases

9 December 2020 – Progress has been made on the implementation of the Poultry Master Plan, in spite of a decline in chicken consumption during the initial lockdown period, the Department of Trade, Industry and Competition (DTIC) has said. Over the course of the past 12 months, a new tariff was introduced on imported poultry …

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Optimism In South Africa’s Agriculture And Agribusiness Sector

2 December 2020 – the Agbiz/IDC Agribusiness Confidence Index (ACI), which rallied in the fourth quarter of the year to 61, from 51 in the previous quarter. A level above the neutral 50-point mark implies that agribusinesses are optimistic about business conditions in South Africa. The Agbiz/IDC Agribusiness Confidence Index reflects the perceptions of at least …

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SA Ports Regulator Rejects TNPA’s 19.74% Tariff Increase Request

1 December 2020 – The Ports Regulator of South Africa had some good news for the shipping industry on Monday, but bad news for the Transnet National Ports Authority (TNPA) related to its latest tariff application. TNPA’s application for an overall average tariff increase of 19.74% was rejected. The Durban-based regulator announced that “cargo dues” …

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