AGRI NEWS NET

FNB Wealth and Investments’ Wayne McCurrie predicts that inflation is going to plummet by the end of 2023, surprising virtually everyone.The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) increased interest rates by 25 basis points (bp) in January 2023, taking the country’s repo rate to 7.25%.

A process for extracting nutritious antioxidant dietary fibers from corn starch production waste could turn tons of nearly worthless bran into a valuable, circular resource.

The global economy is poised to slow this year, before rebounding next year. Growth will remain weak by historical standards, as the fight against inflation and Russia’s war in Ukraine weigh on activity.

Frans De Klerk is an independent technical analyst with thirty years of experience. His love for technical analysis and his specialization, in the Candle Technique in particular, stems from his keen interest in psychology.

Based on differences in GDP per capita, the index suggests the rand is 36.4% undervalued and should be at around R10.94 to the dollar.