Agribusinesses Insights Survey 2012
As the recent global economic crisis starts to ease, the South African economy is performing relatively well in comparison to other economies. The country is currently characterised by having an upper-middle income economy, with a gross national income that is only exceeded by 23 other nations. South Africa has a welldiversified economy with an average growth rate from 1994 to 2012 of 3.2% per annum (Department of Agriculture Western Cape, 2012). Agriculture, as an industry, has also shown more resilience to the economic crisis than most other industries (BFAP, 2011).
Areas covered in the survey include:
- Outlook from chief executives
- Profitability analysis
- Balance sheet structure
- Trade division overview
- Grain silos