Agribusiness

Study Reveals South Africa's Significant Underreporting of Agricultural Sector Growth

16 hours ago

A recent study has revealed that South Africa has been significantly underestimating the contribution of its agricultural sector to economic growth. According to research published shortly before the end of the year, the actual performance of the agriculture sector is far more robust than the data suggests in official reports. This discrepancy raises concerns not just about the accuracy of economic indicators but also about the potential implications for policy-making and investment in the agricultural domain.

South Africa's Agribusiness Thrives Amid Unexpected Economic Downturn

17 days ago

In a surprising twist for South Africa's economy, the agribusiness sector is experiencing a significant boost despite a recent and unexpected decline in the country’s GDP. As the nation grapples with economic challenges, farmers and agricultural enterprises are reporting increased optimism, driven by favorable conditions in the agriculture sector that are buoying their performance.

China and Brazil Forge Alliance Amid Global Tensions: A Turning Point for Geopolitical Relations

1 month ago

In a significant diplomatic development, Brazilian President Luiz Inácio Lula da Silva participated in a high-profile meeting with Chinese President Xi Jinping, signaling a new phase in the relationship between the two nations. This meeting, held on November 13, 2024, is considered a crucial test for the diplomatic strategies established during Donald Trump's presidency regarding China's influence in Latin America. As global dynamics shift, the implications of this alliance extend far beyond the immediate countries involved, potentially reshaping trade relations and geopolitical strategies on a global scale.

Olam Confirms Saudi Arabia's Bid for Agribusiness Division

2 months ago

In a significant development within the agricultural commodity sector, Olam Group has officially confirmed receiving an acquisition offer from a consortium linked to the government of Saudi Arabia for its agribusiness unit. This news has stirred considerable interest among investors and market analysts as it signals potential shifts in agribusiness dynamics, especially in the context of Saudi Arabia's growing investments in food security and agriculture-related sectors.