Kaya 959 Kaya Biz

UPDATE – Drought and decline: Agriculture sector faces uphill battle

Loading player...
GUEST - Paul Makube, Senior Agricultural Economist, FNB Commercial


The latest results of the Agbiz/IDC Agribusiness Confidence survey still showed a subdued mood among agribusiness
as widely expected given the negative turn on the weather front that slashed harvest prospects for the 2023/24 summer crop season. This follows further negative news about agriculture’s GDP growth which plummeted by 9.7% q/q in Q4 of 2023 after a -11.7 q/q
reading in Q2 according to Statistics South Africa. Agriculture’s performance was indeed bad in 2023 as its overall gross value added fell sharply by 12.2% y/y.
26 Mar 2024 6PM English South Africa Business News · Investing

Other recent episodes

Can You Trust AI for High-Stakes Decisions?

Should you rely on AI for critical legal or financial choices? My AI Lawyer Head of Services Michael Visser joins Nzinga Qunta to unpack how specialized AI acts as an affordable starting point to navigate your rights before paying for professional advice.
5 Nov 1PM 13 min

How to Invest in Banana Trees

Expanding beyond traditional livestock, crowdfarming is now giving everyday South Africans direct access to plant-based farm assets. Ntuthuko Shezi breaks down the mechanics of banana tree investments, harvest yield returns, and risk management for retail investors looking to grow real farm wealth.
5 Nov 1PM 15 min

FlySafair’s R7bn Deal Approved

Following the Competition Tribunal’s approval of Harith’s takeover of FlySafair, aviation analyst Guy Leitch joins KayBiz to unpack market concentration, cross-ownership with Lanseria Airport, and the impact on domestic ticket prices.
5 Nov 12PM 8 min

Reshaping Philanthropy

Operating globally, the Black Feminist Fund is challenging traditional donor models. We unpack how flexible core funding and participatory grantmaking shift capital and long-term institutional power directly to grassroots movements.
5 Nov 12PM 16 min
All episodes