2020: a recovery year for South Africa’s farming sector
Sep 28, 2020
2 minutes
AGRIBUSINESS PERSPECTIVE
BY HAMLET
HLOMENDLINI
Despite the COVID-19 pandemic pushing South Africa’s economy to the steepest contraction since the early 1990s, 2020 may be remembered as one of the best years for the farming sector.
South Africa’s GDP contracted 51% in the second quarter of 2020, with every sector of the economy except agriculture contracting quite significantly. This was the worst contraction in
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