Share
How SA’s agricultural sector is responding to COVID-19 shocks
Over the weekend U.S President Donald Trump announced a $19 billion program to help the country’s ailing agriculture sector as it deals with the Covid-19 crisis on essential industries. South Africa’s agriculture sector is just as important as it directly contributes to employment, food security and economic stimulation. Joining CNBC Africa for more is South Africa’s agriculture sector is Roux Wildenboer, Head of Agriculture at ABSA corporate and Investment Banking.
Thu, 14 May 2020 10:56:42 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Leveraging Technology and Innovation to Overcome Supply Chain Disruptions
- Building Resilience and Sustainability for Long-Term Growth
- Forging Strategic Partnerships to Enhance Efficiency and Market Access
South Africa's agricultural sector is facing unique challenges in the wake of the COVID-19 pandemic. The sector plays a crucial role in the country's economy, contributing to employment, food security, and economic growth. The pandemic has disrupted supply chains, restricted movement, and created uncertainties in the market. In response to these challenges, the sector is leveraging technology, innovation, and strategic partnerships to adapt and thrive. Roux Wildenboer, Head of Agriculture at ABSA Corporate and Investment Banking, highlighted some of the key initiatives and strategies being implemented in the sector to navigate these unprecedented times. The sector is focusing on resilience, sustainability, and efficiency to ensure continued success and growth amidst the crisis. As South Africa works to overcome the challenges posed by the pandemic, its agricultural sector stands as a beacon of hope and innovation in uncertain times.
SIGN UP FOR OUR NEWSLETTER
DAILY UPDATE
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.