Production costs eating into agriculture sector profits
Farmers in the Eastern Cape are under financial strain and continue to feel the pressure of rising input costs and unforeseen expenses in the face of natural challenges.
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Farmers in the Eastern Cape are under financial strain and continue to feel the pressure of rising input costs and unforeseen expenses in the face of natural challenges.
Cosatu’s spokesperson Sizwe Pamla warned that if the central bank raises the cost of credit – when it meets later next month – based on the slight increase of the employment rate, this could reverse the gains.
The Agricultural sector says the latest national minimum wage increase will put jobs and food security at risk.
The agriculture sector is worried about the impact of a 9.6% increase in the minimum hourly wage gazetted by government.