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July 2023

Trade Restrictions Begin To Ease

31 July 2023 – World Trade Organization (WTO) members have continued to facilitate imports and generally exercise restraint in the use of trade-restrictive measures from mid-October 2022 to mid-May 2023, according to Director-General Ngozi Okonjo-Iweala’s mid-year report on trade-related developments, However, while the number of export restrictions on food, feed and fertilisers has come down […]

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IMF Slightly Hikes SA Growth Forecast

28 July 2023 – The International Monetary Fund (IMF) has given South Africa’s some reprieve, forecasting that the country’s economic growth would not decline as previously thought in 2023 as adverse risks to global growth have receded since April. In its World Economic Outlook (WEO) yesterday, the IMF said though the ongoing energy crisis would

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Company Liquidations On The Decline

25 July 2023 – A total of 128 companies permanently shut their doors in South Africa in June, representing an 11.7% decline in company liquidations compared to the same month in 2022. According to data released by Statistics SA on Monday, the country has seen 802 liquidations so far this year, 14% less than in the same six-month

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Maintaining Sustainable Food Production Amid Escalating Risks In The Agri-Sector

21 July 2023 – Risks such as heavy rain, flooding, hail, frost, drought and fire are by no means new to the South African agricultural sector, but due to the effects of climate change, they are increasing in frequency and severity. These risks are also becoming more unpredictable amid changing weather patterns, which complicates risk

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Rice Price Hike Fears As India, SA’s Second Biggest Supplier, Considers Banning Most Exports

20 June 2023 – India, the world’s biggest rice shipper, is considering banning exports of most rice varieties, a move that may send already lofty global prices of the food staple higher as the disruptive El Niño weather pattern returns. The government is discussing a plan to ban exports of all non-Basmati rice, according to

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