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Fair weather makes agriculture a hive of activity

Screen Shot 2020-07-13 at 5.56.24 PM

Source: Wandile Sihlobo, Business Day, 7 July 2020, photo credit: Picfair

Despite ongoing challenges presented by the Covid-19 pandemic, SA’s recent agricultural economic data have reaffirmed our view that this will be a recovery year for the sector after two consecutive years of declining fortunes.

Data released last week showed that gross value added (GVA) in agriculture expanded 27.8% quarter on quarter on a seasonally adjusted and annualised basis. Primary agricultural employment rose 3% from the corresponding period last year to 865,000 (albeit down, marginally, 2% quarter on quarter).
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