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Assessing and promoting civil and minority rights in South Africa.

[Source: BizNews by Anthea Jeffery.]

The average grain farmer borrows up to R10m in working capital from the bank each year, plants his crops, and then prays for rain, said Grain SA executive director Jannie de Villiers last week.

For these farmers, the key problem is not (yet) the threat of expropriation without compensation (EWC), but how to maintain profitability in the face of debilitating drought and costly, inadequate infrastructure. (It now costs more to rail or truck maize down from the north than it does to import it from Brazil to the Western Cape, says Mr de Villiers.)

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South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.5% y/y in May 2019 (CPI) & +6.4 y/y in May 2019 (PPI)
-3.2% q/q (1st quarter of 2019)
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