5 Mar 2013

Agriculture, Horticulture & Forestry

 

The taxman cometh

Of course, the big news over the past few days has been Pravin Gordhan's budget speech, which has been dissected and analysed, as usual. Not least of these analyses is that by Nedbank Private Wealth, which provided its observations on the 2013-14 Budget Speech.

Gordhan's budget, as usual, was somewhat of a balancing act, but what taxpayers everywhere would like to see is action, not just words, on corruption, mismanagement and waste. After all, we all realise we have to pay taxes, but we want to see our tax monies being used where it matters - and properly, across the board.

Our planet is our only home, so we'd better do better in looking after it. One way of doing so is through protecting and nurturing biodiversity, which, says minister of water and environmental affairs, Edna Molewa, contributes to economy - she says the benefits derived from biodiversity or ecosystem services are estimated at R73bn, contributing to 7% of South Africa's GDP per annum.

We've heard it all before... this plan and that plan to create jobs - or "job opportunities" - and this time it's the KwaZulu-Natal provincial government that says it will assist in creating 11m jobs by 2030.

Job creation is absolutely vital for the future of this country; some fear the levels of frustration and despair among the unemployed could rise to such levels as to lead to civil unrest. Hence, any plan to create jobs is to be welcomed... but how many have there been, and what successes have they achieved? Governments - provincial and national, need to be wary of over-promising and under-delivering.

Is it the end of the land line? Mitchell Barker says that landline users in South Africa are cutting the cord.

Finally, our not so frugal, but fast and fancy motoring editor Henrie Geyser reckons that the new Ford Fiesta is just that... frugal, fast, fancy.

Rod Baker: Content Director

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Agriculture, Horticulture & Forestry

Cassava, the foodstuff to watch
Its drought tolerant, high in carbohydrates and easy to grow, which is just some of the reasons why cassava is shaking off its image as purely a subsistence crop and establishing itself as a key player in mainstream African agriculture. Read more >>


Agriculture

Land Use Management Bill to achieve equity
Rural Development and Land Reform Minister Gugile Nkwinti says the Spatial Planning and Land Use Management Bill seeks to transform land administration, with clear proposals to achieve equity, integration and sustainability in spatial planning. Read more >>


Farming

Farm workers - minimum wage is law
The new minimum wage for farmworkers is being enforced and the labour department's spokesman Page Boikanyo urged farmers to comply with the new wage of R105 a day, up from R69 a day. Read more >>

Rainbow Chicken raises R3,9bn
[Zeenat Moorad] Rainbow Chicken successfully raised R3.9bn through a rights issue‚ the company said on Monday (4 March). Read more >>

Maize forecast higher for 2013
SA's maize output is expected to be 12.354m tons this year‚ up 4.43% from 11.830m tons last year‚ the crop estimates committee said on this week in its first production estimate report. Read more >>

Davies calls for urgent meat probe
[Linda Ensor] Trade and Industry Minister Rob Davies has asked the National Consumer Commission to conduct an urgent investigation into the incorrect labelling of meat products‚ which has been a source of "alarm and panic" for consumers after researchers showed that some meat products such as mince and sausages contained other unlabelled varieties of meat. Read more >>

Country Bird's profits down sharply
Poultry producer Country Bird reported a 16% drop in diluted headline earnings per share in the six months to December. The shares fell from 17,84c to 14.98c. Read more >>

GDP growth up in final quarter of 2012
Economic growth quickened more than expected in the last quarter of 2012‚ as agriculture and manufacturing industries supported growth while mining was a drag‚ Statistics SA figures released on Tuesday (26 February) showed. Read more >>

Moderate job creation expected
[Ntsakisi Maswanganyi] The National Treasury expects a moderate employment growth over the next three years‚ it said in its budget review 2013 released on Wednesday (27 February). Read more >>

SAB to build new maltings plant
The South African Breweries (SAB) will invest R700m in a state-of the-art new maltings plant in Alrode‚ Gauteng‚ as part of its continued efforts to support the local economy and drive job creation. Read more >>


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2013 Biz Trends Report


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