The Citizen (KZN)

Agricultur­e shines


SA’s agricultur­al sector was the only shining light in the second quarter of this year.

The sector’s gross value-added expanded by 15.1% q/q on a seasonally adjusted and annualised basis following an expansion of 27.8% q/q in the first quarter.

This is, in part, because most of the sector was classified as essential and didn’t close during the lockdown.

Most importantl­y, it is due to the fact that this is a recovery year in agricultur­al output across all subsectors (field crops, horticultu­re, livestock) following long periods of drought, and a surge in exports (supported by the weak exchange rate).

These were also the key drivers of the expansion in the first quarter of the year. – Wandile Sihlobo, chief economist, Agbiz

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