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28 February 2013
Agbiz comments on 2013/2014 budget speech
Budget

In recognition of a rather bleak global and local economic outlook, Agbiz welcomes a rather bold budget 2013/2014, as presented yesterday by Minister of Finance, Mr Pravin Gordhan. There was an underlying sense to move to greater austerity, as the budget deficit has increased and real tax revenue has decreased over the past couple of years. Against that background, Agbiz supports the new initiatives and focus areas that are to be financed from savings, efficiency gains and reprioritisation. Government's intention to spend more on infrastructure, as opposed to public sector consumption, as a reprioritisation strategy, is constructive.   Read Agbiz media release»

Also read:
BUSA welcomes well balanced 2013 budget speech
BUSA media release, 27 February 2013
State committed to using agriculture to create jobs
Business Day, 27 February 2013

 

Werksmans' Tax Overview - Budget Proposals 2013/14

Budget 2013 From a tax perspective, it must be said that the number of proposed changes to the various fiscal Acts (mainly the Income Tax Act and the VAT Act) are considerably fewer than in prior years. If this results in a reduction in the number of amendments to be made to the various Acts, this will certainly be welcome, as the extent of the changes in the past few years has simply been overwhelming. However, a number of important tax proposals have been made in Minister Pravin Gordhan's Budget that will affect agribusinesses, and these need to be perused.
Read more»

 

Southern Africa Food Security Outlook Jan - June 2013 

Wheat_1 Linked find the Southern Africa Food Security Outlook for January - June 2013.  Download»


 

Tralac Newsletter

Tralac Taku Fundira, Tralac Researcher, discusses the promotion of regional integration through commodity exchange markets.

The global trading environment has become ever more competitive and for countries to compete in a globalised environment calls for the development and establishment of industries that are globally competitive. For Africa, regional integration remains the key strategy for African governments to "accelerate the transformation of their fragmented small economies, expand their markets, widen the region's economic space, and reap the benefits of economies of scale for production and trade, thereby maximizing the welfare of their nations" (UNECA, 2010).

Read more»

 

Upcoming Events
2013 IFAMA World Forum
Atlanta, Georgia USA | 18-20 June 2013
The IFAMA World Forum consists of interactive workshops, demonstrations of cutting edge technology and facilitated discussions by world-renowned speakers addressing today's most relevant topics in agribusiness. The 2013 conference will examine the challenges of finding the talent needed to drive the future of agribusiness and examine it through three different lenses:     
* The Role of Information Technology in Agribusiness
* Innovations in Experiential Learning - Learn by Doing
* Connecting the Value: Academia and Industry.
Click here for more information» 
Undercover Farming Expo
5 - 7 March 2013 | St George Hotel & Convention Centre | Pretoria
Theme: Applying technology for sustainability
Agri Works Farmers Expo
8 - 10 March 2013 | Mentors Country Estate | Jeffreys Bay

Bien Donné Agri Cape Week  

17 - 20 April 2013 | Simmondium | Western Cape

For more information contact Marianna du Plessis at 082 337 6127 or email: africa@agrimega.co.za 

Precision Farming Congress
25 April 2013 | North-West University | Potchefstroom Campus
For more information contact Astrid Hattingh at 082 853 6228 or email:
Agribusiness Indaba 2013

23 May 2013 | Sandton Convention Centre | Sandton

The 2nd Annual Agribusiness Indaba will cover initiatives that rolled out by the organisations to recognize the agriculture sector as one of South Africa's greatest Agriculture assets that can be sustained and preserved. For more information contact Gilly Ramalekana at e-mail: Gilly.Ramalekana@abn360.com

Zambia Copperbelt Mining and Agricultural Show 2013
29 May - 2 June 2013 | Kitwe | Zambia

AMT South African Agri Outlook Conference

30 September 2013 | CSIR Conference Center

Enquiries: 012 348 8344 or 27 12 361 2748 or email: minda@amtrends.co.za

In This Issue
Agbiz comments on 2013/2014 budget speech
Werksmans' Tax Overview - Budget Proposals 2013/14
Southern Africa Food Security Outlook
Tralac Newsletter
Upcoming Events
2013 IFAMA World Forum
REMINDER

Agribusiness Executives are reminded to complete and submit their Agbiz/IDC Agribusiness Confidence Index questionnaires to the Agbiz office before close of business on Friday, 1 March 2013.