Tag: drought
Agricultural sector should be proactive in mitigating and adapting to climate...
Global and domestic food security remains under extreme threat. Climate change has always been the main driver for the threat, however, the recent invasion of Ukraine by Russia has drastically increased concerns about the impact of war on soaring food prices and input costs.
SARB rate cut – a boost for agriculture
In the midst of a recessionary domestic economy, favourable inflation outlook and lower oil prices, the South African Reserve Bank (SARB) got room to cut interest rates by 100 basis points to 5.25%. A rate cut, downside inflation outlook and supportive rand boost agriculture rebound.
