Agri SA is deeply saddened by the recent flooding in KwaZulu-Natal and other parts of the country. The loss of life and property has caused enormous pain and suffering, and we extend our condolences to those who have lost loved ones. Agri SA welcomes the reclassification of the previously declared provincial disaster as a national disaster due to the impact of severe weather events. This will help free up much-needed resources to help address the extensive damage to infrastructure.

Agri SA welcomes the announcement of the temporary reduction of the general fuel levy. This is a necessary intervention to buttress the agricultural sector and consumers against the impact of rising fuel prices on the cost of food.

Agri SA calls on National Treasury to urgently consider supporting the Land Bank’s request of R18 billion over 5 years in order to ensure the bank’s sustainability.

Over the last few months, Agri SA has come to learn of the increasing liquidity constraints of the Land Bank resulting in the risk of inability to support the agricultural sector.

“Currently, the Land Bank finances 29% of the agricultural debt, making it a critical contributor to food security,” said Christo van der Rheede, executive director of Agri SA.