WANDILE SIHLOBO: Agricultural sector has proved a saving grace during the pandemic
While near-term growth prospects support the sector, unlocking the full growth potential over the long run will require policy interventions
08 October 2021 - 19:18
The agricultural sector's gross value-added expanded by 13.4% year-on-year (y/y) in 2020, supported by increased production across all major subsectors — livestock, field crops and horticulture.
I believe SA’s agricultural sector will grow by over 6% this year and will likely slow to a long-term average of about 3% in 2022. The continuous favourable weather conditions, strong export activity, and relatively higher commodity prices will remain critical catalysts for growth in this sector in the near term...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.