FNB
Hortfin en FNB gee opkomende boere ‘n hupstoot
deur Tisha Steyn Een van die grootste struikelblokke vir ՚n nuwe boer is befondsing. Ten spyte van die ryk geleenthede wat die land aan boere bied om enigiets van graan, wyn, suiker, groente en vrugte tot veeprodukte te produseer, bly dit moeilik om die sektor te betree. Met of[...]
Agricultural exports set to reach record levels
The stage is set for another record export year for agricultural products. International demand remains high and prices for our major export products continue to be at elevated levels. The year started off on a high note when South Africa recorded an agricultural trade surplus of $1,5 billion and[...]
Gradual lifting of lockdown – Impact on agriculture
By Dawie Maree, Head of Information and Marketing at FNB Agriculture The phased or risk-adjusted approach to lift the current national lockdown is welcome news for the agricultural sector, especially those industries mostly affected by the Covid-19 lockdown. As from 1 May, all agricultural activities can resume as normal,[...]
Further relief for the agriculture sector after the SARB’s surprise repo rate cut of 100 basis points
Comment by Paul Makube, Senior Agricultural Economist at FNB Agri-Business In a surprise move earlier today (14/4/20), the South African Reserve Bank (SARB) cut its repurchase rate by 100 basis points to 4,25% which brought the prime lending rate to 7,75% effective from 15 April 2020. With growth expectations[...]
Rate cut to boost agriculture
A rate cut, downside inflation outlook and supportive rand boost agriculture rebound By Paul Makube, Senior Agricultural economist at FNB Agri-Business 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[...]