How South Africa may leverage the BRICS chair for agribusiness

Loading player...
Despite BRICS not being a trade bloc, its economic cooperation arrangement offers South Africa a strategic platform to advance its trade interests. The agricultural sector is interested in this grouping, mainly in advancing exports into China and India.
These countries already import a sizable volume and value of agricultural products from the world market, and South African businesses want to join these suppliers. The main products that South Africa should promote within this grouping are fruits, wine, wool, and beef.
Importantly, the increasing interest in BRICS should continue while South Africa also focuses on other core markets, such as the EU and the African continent.
These are vital points we discuss in this week’s podcast segment.

My writings on agricultural economic matters are available on my blog: https://wandilesihlobo.com/

Podcast production by: Lwandiso Gwarubana, Richard Humphries, and Sam Mkokeli
20 Mar 2023 English South Africa Investing · Food

Other recent episodes

Is it not too soon to be considering food price increases in South Africa?

South Africa indeed transports much of its agriculture and food products by road. For example, 80% of South African staple grain products are transported by road. We see similar volumes in other commodities. Agricultural products are also processed in certain regions and then transported to various consumption points. This means…
18 Mar 6 min