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,[...]

By Specialist Writer|24th April 2020|Categories: News|Tags: , , , |

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[...]

By Specialist Writer|14th April 2020|Categories: News|Tags: , , , , |

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[...]

By Specialist Writer|20th March 2020|Categories: News|Tags: , , , |
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