This week I joined The Finance Ghost and Mohammed Nalla (Moe-Knows) to discuss the investment opportunity in the South African agricultural sector.
I recently sat down with Ms Mbali Nwoko for wide-ranging conservation about South Africa’s agricultural economy, policy, career, writing and more.
CNN International investigated the untapped potential of agriculture in Africa in its regular series Connecting Africa.
Policymakers and senior government officials should remember that effective communication is not “a nice to do” but an integral part of policy-making.
The Beneficiary Selection Criteria for land reform that were first suggested by the Presidential Advisory Panel on land reform is a first step in ensuring gender diversity. The policy proposes that the government should have a bias towards women and youth in its land reform process. In the 700 000 hectares of land that the government is in the process of releasing, we will be able to judge if women and youth are genuinely prioritized.
This week I participated in two podcast series; (1) on the Financial Mail and (2) on Earth Cast. In both sessions, we discussed various aspects of South Africa’s agriculture, land reform and rural development.
I am generally optimistic that South Africa’s food price inflation might not exceed an average of 5% y/y in 2021. The La Nina rains have boosted agricultural production – across all subsectors. For maize, which is essential and discussed extensively, we expect a harvest of 16,6 million tonnes (from 15,3 million tonnes in 2019/20). This will be the second-largest harvest on record and well above the Crop Estimates Committee’s estimate of 15,8 million tonnes.
South Africa is now ranked 69th most food-secure country out of 113 countries, from 44 (out of 113) in 2019. Technically, South Africa’s scoring dropped by just a point from last year’s position (scoring 57,8 down by 1,4 from 2019 in the Global Food Security Index). Still, other countries improved notably, resulting in a drop in South Africa’s ranking.