ABSA
ABSA and Agri Skills Transfer forge strategic partnership to boost South Africa’s agricultural sector
South Africa, Monday 2 September 2024 — In a landmark initiative set to transform the agricultural landscape, ABSA has joined forces with Agri Skills Transfer in a groundbreaking partnership aimed at empowering South Africa’s agricultural sector. This collaboration is designed to tackle the pressing challenges facing the industry and[...]
Onions, potatoes, and tomato volumes trend downwards
Cabbage Weekly average price trends increased while monthly price trends declined, each supported by declines in weekly volumes supplied and increases in monthly volumes supplied. Volumes are anticipated to continue increasing over the next three months, suggesting that prices may remain under pressure. We note that consumer demand will[...]
Agri Trends: Vegetable market report – Global onion shortages to influence local market prices
Average monthly prices for onion portrayed increases, off the back of a decrease in volumes supplied. Cabbage market trends Average cabbage prices followed increasing price trends by 8,2% week-on-week and 29,2% month-on-month. Monthly averages increased from R2 476 per ton to R3 200 for the week ending on March[...]
Absa raises R1.5 million for sustainable food gardens, bringing green initiatives to schools across five provinces through the Absa Run Your City Series
Absa has reaffirmed its commitment to making a meaningful impact in the communities it serves, by launching sustainable food gardens in schools across five provinces. As the proud title sponsor of the Absa Run Your City 10K Series since 2021, the bank unveiled its 2023 campaign, aptly named “Together[...]
Agriculture funding in Africa is ripe for innovation
by Roux Wildenboer, Sector Head: Agriculture at Absa CIB and Simon Kinuthia, Head: Agribusiness at Absa Bank Kenya How does the bank which funds the largest number of agriculture sector transactions in South Africa, utilise its skills and knowledge to improve food security and become a force for[...]