Tag: South African Reserve Bank

Interest rate hikes spell more hardship for farmers

by Tiisetso Manoko

2nd Feb 2022

If Reserve Bank projections play out as expected, South Africans will see more repo rate hikes this year. And with the total farming debt in the country estimated at R183 ...

In February 2021, year-on-year tractor sales were up by 28% largely due to the favourable interest rate cuts of the previous year. Photo: Supplied/Food For Mzansi

Farmers, brace yourselves for looming inflation hike

by Duncan Masiwa

19th Mar 2021

An inflation hike projected from April onwards is likely to be felt by the primary link of the agricultural value chain – a move, economic experts believe will probably impact farmers ...

South African Reserve Bank governor Lesetja Kganyago has announced that the repo rate will remain unchanged at 3.5%. Photo: Leadership Conversations

Steady interest rates ‘positive for agri in tough times’

by Staff Reporter

21st Jan 2021

The agricultural sector has welcomed the South African Reserve Bank’s decision to keep the repo rate unchanged – a much-needed lifeline for farmers who want to do repairs or invest ...

THE NEW FACE OF SOUTH AFRICAN AGRICULTURE

With 11 global awards in the first three years of its existence, Food For Mzansi is much more than an agriculture publication. It is a movement, unashamedly saluting the unsung heroes of South African agriculture. We believe in the power of agriculture to promote nation building and social cohesion by telling stories that are often overlooked by broader society.