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- (-) June 2024
- (-) September 2023
- (-) South Africa
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South Africa is one of the most advanced and varied economies in Africa, boasting a strong business sector and advanced distribution networks to major urban centers in the country and throughout the entire Southern African region.
Record orange juice prices are expected to escalate orange juice production as growers increase deliveries for processing. Growers are diverting oranges from the export market and local sales towards processing on favorable prices.
The hotel, restaurant, and institutional (HRI) sector in South Africa is gradually beginning to recover from the COVID-19 pandemic, but challenges remain due to frequent power outages, known as load shedding, and rampant food price inflation.
South Africa's steady growth in poultry production is expected to continue in 2024 as an increasingly vertically integrated industry capitalizes on lower feed prices driven by strong maize and soy production.