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Assessing and promoting civil and minority rights in South Africa.

[Source: BizNews by Felix Njini.]

Confidence in South Africa’s agricultural industry declined to the lowest in nine years in the fourth quarter as businesses in the sector grew more concerned about weather conditions and as the lack of clarity around land-reform policy clouded sentiment.

The Agribusiness Confidence Index dropped to 42 from 48 in the previous three months, the Pretoria-based Agricultural Business Chamber and the Industrial Development Corp. said in an emailed statement Tuesday. That’s the lowest reading since the final quarter of 2009.

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South Africa at a Glance
57 700 000 (mid 2018 estimate)
5.1% y/y in October 2018 (CPI) & +6.9 y/y in October 2018 (PPI)
2.2% q/q (3rd quarter of 2018)
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