Capespan Group Ltd Managing Director Tonie Fuchs:

"South Africa’s farms are producing near-record amounts of food right now"

According to Tonie Fuchs, Managing Director at Capespan Group Limited, far it’s been a good season for South Africa so far. He claims that South Africa's wildly productive farms’ are keeping the nation afloat.

“Large harvests are the order of the day right now, and agriculture is thriving – it grew by 28% in the first quarter of 2020 while the economy shrunk by 2%. Agricultural economists expect the second-largest grain harvest in the country’s history while the maize harvest is forecast to be 38% larger than in 2019.”

“The country’s fruit farms are also having good harvests, with citrus production up 13%. … With Europe starting to open, exports are increasing, despite problems at the ports.”

Click here for an audio file of the interview


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