Uncertainty triggered by recent geopolitical tensions, a general slowdown in the global economy, as well as domestic concerns such as load-shedding weighed heavily on business confidence in the farming sector during the second quarter of 2022.
The Agricultural Business Chamber of SA /IDC agribusiness confidence index moderated a further 2 points to 60 after a 12-point decline in the first quarter. The index had reached its second-highest level on record in the fourth quarter of 2021...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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CIVIL SOCIETY WATCH 13 – 17 JUNE: This week: Youth parade to the Union Buildings, launch of the South African Child Gauge and talk on socialismYoung people from a range of civil society organisations will be marching to the Union Buildings in Pretoria on Youth Day; the Tshisimani Centre for Activist Education is hosting a series of events marking 50 years since the publication of Walter Rodney’s ‘How Europe Underdeveloped Africa’; and Daily Maverick is holding a webinar on mental health and South Africa’s youth. I never believe in making money online before but since I started seeing different people testifying about Cynthia_Neliwe1 ,i was so interested in to investing with her because all friends who Invested have all received their profits successfully and so do I Cynthia_Neliwe1
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ECONOMIC OUTLOOK: Agribusiness Confidence Index dips in second quarter, but green shoots emergeThe Agbiz/IDC Agribusiness Confidence Index (ACI) fell 2 points to 60 in the second quarter (Q2) of 2022, the Agricultural Business Chamber of South Africa (Agbiz) said on Monday. Still, there are green shoots amid the data, including a rise in investment confidence – critical to a sector that is very capital intensive.
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Various economic shocks derail solid momentum at start of 2022 | The CitizenThe economic shocks of declining business confidence is cancelling out the gains of the first quarter, with no sign that inflation or interest rates will decrease.
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Business confidence falls to lowest in almost two yearsLower import and export volumes dragged the Sacci business confidence index down in May
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Coinbase says it will lay off 1,100 employees as it restructures amid a crypto bloodbath | BusinessinsiderThe cryptocurrency platform said its workforce will be reduced to about 5,000 workers by the end of the second quarter of 2022.
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SACCI INDEX: Business confidence sags again in May to lowest level in almost two yearsThe South African Chamber of Commerce and Industry’s Business Confidence Index sagged for the third month running in May, falling to 89.3 from 93.7 in April. It is the latest signal of waning confidence in an economy that is on the ropes. Few months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Allison_Grillo I was able to earn $50,000 now am financially stable.
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