SOUTH AFRICA’s SEASONALLY ADJUSTED GDP CONTRACTED BY 1.5% IN THE THIRD QUARTER OF 2021. A YEAR-ON-YEAR COMPARISON OF AGRICULTURE, FORESTRY, AND FISHERIES REFLECTS A CONTRACTION OF 7.2%, LARGELY DUE TO THE TIMING OF DELIVERY OF THE 2021 SUMMER CROP.
SOUTH AFRICA’s SEASONALLY ADJUSTED GDP CONTRACTED BY 1.5% IN THE THIRD QUARTER OF 2021. A YEAR-ON-YEAR COMPARISON OF AGRICULTURE, FORESTRY, AND FISHERIES REFLECTS A CONTRACTION OF 7.2%, LARGELY DUE TO THE TIMING OF DELIVERY OF THE 2021 SUMMER CROP.
One would think every effort would be made in SA for fit-for-purpose, well planned and relatively low-cost agricultural infrastructure investments to be efficiently executed with speed, leading to the creation of thousands of jobs and a much-needed boost in economic activity.
Judging from recent reports and data, there is tremendous potential for increased sunflower production in South Africa.
Ultimately, managerial economics involves calculating value to determine how to best maximize profit.
South Africa depends on agriculture. It is not merely a highly diversified industry, but also a cornerstone of the economy.
The Bureau for Food and Agricultural Policy (BFAP) was founded in 2004. It serves the broader African, as well as the South African food system through an end-to-end value chain approach which considers land, water, the economy and its people as well as elements of the socio-economic environment, such as infrastructure, governance, social change and technologies.
Potgooi
Potgooi
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