Spead of foot and mouth disease outbreak threatens South Africa's red meat exports
Agricultural Farming associations are concerned about the impact of Foot and Mouth Disease (FMD) outbreak on the red meat industry.
Image: Picture: Justin Sullivan Getty Images via AFP
Farming associations on Monday expressed concern about the impact of Foot and Mouth disease (FMD) outbreak on the red meat export industry.
This comes as the People's Republic of China has already suspended imports of cloven hoofed animals and related products following Foot and Mouth Disease outbreaks in KwaZulu-Natal, Mpumalanga and Gauteng.
The Department of Agriculture on Saturday confirmed an outbreak of FMD in the province of Mpumalanga and new cases in KwaZulu-Natal.
Wandile Sihlobo, chief economist at the Agricultural Business Chamber of South Africa (Agbiz), on Monday said that the livestock and poultry industries accounted for nearly half of South Africa's agricultural economy.
'Because of this large size, we worry about the sector when these industries encounter challenges. One of the persistent challenges of the South African livestock industry is the prevalence of animal diseases,' Sihlobo said.
'We experienced this challenge most severely from 2022 through 2023 when the cattle industry was affected by foot and mouth disease, the poultry industry by avian influenza, and the pig industry by African swine fever.
'Whenever we have such cases, trading partners typically respond by protecting their borders against potential disease spread. Thus, China has temporarily suspended the imports of beef and cattle products from South Africa. We can assume that this is the start of many temporary pauses on imports that we will see from our trading partners.'
Sihlobo added that this will reverse the progress observed in South Africa's beef export recovery.
'For example, in 2024, South Africa's cumulative beef exports increased by 30% from 2023, reaching 38 657 tons. About 57% of this was fresh beef, and 43% was frozen beef. The key markets include China, Egypt, UAE, Jordan, Angola, Mozambique, Kuwait, Qatar, Saudi Arabia, and Mauritius,' he said.
Red Meat Industry Services (RMIS) said that they were concerned following China's suspension of imports of all beef and related products from South Africa.
RMIS said the decision by a key trade partner highlighted the severe impact of FMD outbreaks and subsequent trade suspensions on the red meat industry.
RMIS CEO Dewald Olivier said that this development was a stark reminder of the fragility of the country's export markets when faced with biosecurity threats.
'The ripple effect of this ban is far-reaching, threatening the livelihoods of producers, feedlots, abattoirs, exporters, and many others across the value chain, while compounding the challenges of biosecurity and economic uncertainty,' Olivier said.
'While we respect China's biosecurity protocols, the economic impact on South African farmers and the entire red meat value chain is severe and disheartening. The setback is especially unfortunate considering the landmark Memorandum of Understanding (MoU) signed between South Africa and China in September 2024, which aimed to deepen bilateral trade cooperation.'
Video Player is loading.
Play Video
Play
Unmute
Current Time
0:00
/
Duration
-:-
Loaded :
0%
Stream Type LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text Color White Black Red Green Blue Yellow Magenta Cyan
Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan
Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan
Transparency Transparent Semi-Transparent Opaque
Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps
Reset
restore all settings to the default values Done
Close Modal Dialog
End of dialog window.
Advertisement
Next
Stay
Close ✕
Olivier added that this MoU, which was celebrated as a key step in strengthening economic ties, included a specific agreement focused on Foot and Mouth Disease prevention and control.
'The MoU aimed to broaden South Africa's export basket with diversified, value-added products to China, reinforcing China's role as South Africa's largest trading partner and opening new avenues for trade and investment,' he said.
'In 2024, South Africa's beef exports experienced significant growth, increasing by 30% from the previous year to reach 38,657 tonnes. China emerged as a key market, accounting for approximately 14% of South Africa's frozen beef exports.'
Olivier said that RMIS acknowledged and appreciated the swift escalation of control measures by the Department of Agriculture, including rapid response, containment, and intensified biosecurity efforts.
Visit: www.businessreport.co.za
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
eNCA
2 hours ago
- eNCA
Trump threatens Musk with 'serious consequences' in spending bill row
WASHINGTON - US President Donald Trump threatened his former advisor Elon Musk with "serious consequences" Saturday if the tech billionaire seeks to punish Republicans who vote for a controversial spending bill. The comments by Trump to NBC News come after the relationship between the world's most powerful person and the world's richest imploded in bitter and spectacular fashion this week. The blistering break-up -- largely carried out on social media before a riveted public on Thursday -- was ignited by Musk's harsh criticism of Trump's so-called "big, beautiful" spending bill, which is currently before Congress. Some lawmakers who were against the bill had called on Musk -- one of the Republican Party's biggest financial backers in last year's presidential election -- to fund primary challenges against Republicans who voted for the legislation. "He'll have to pay very serious consequences if he does that," Trump, who also branded Musk "disrespectful," told NBC News on Saturday, without specifying what those consequences would be. He also said he had "no" desire to repair his relationship with the South African-born Tesla and SpaceX chief, and that he has "no intention of speaking to him." Just last week, Trump gave Musk a glowing send-off as he left his cost-cutting role at the so-called Department of Government Efficiency (DOGE). But their relationship cracked within days as Musk described as an "abomination" the spending bill that, if passed by Congress, could define Trump's second term in office. Trump hit back in an Oval Office diatribe and from, there the row detonated, leaving Washington stunned. With real political and economic risks to their falling out, both had appeared to inch back from the brink on Friday, with Trump telling reporters "I just wish him well," and Musk responding on X: "Likewise." - 'Old news' - Trump spoke to NBC Saturday after Musk deleted one of the explosive allegations he had made during their fallout, linking the president with disgraced financier Jeffrey Epstein. Musk had alleged that the Republican leader is featured in unreleased government files on former associates of Epstein, who died by suicide in 2019 while he faced sex trafficking charges. The Trump administration has acknowledged it is reviewing tens of thousands of documents, videos and investigative material that his "MAGA" movement says will unmask public figures complicit in Epstein's crimes. Trump was named in a trove of deposition and statements linked to Epstein that were unsealed by a New York judge in early 2024. The president has not been accused of any wrongdoing in the case. "Time to drop the really big bomb: (Trump) is in the Epstein files," Musk posted on his social media platform, X. "That is the real reason they have not been made public." Musk did not reveal which files he was talking about and offered no evidence for his claim. He initially doubled down on the claim, writing in a follow-up message: "Mark this post for the future. The truth will come out." However, he appeared to have deleted both tweets by Saturday morning. Trump dismissed the claim as "old news" in his comments to NBC on Saturday, adding: "Even Epstein's lawyer said I had nothing to do with it." Supporters on the conspiratorial end of Trump's "Make America Great Again" base allege that Epstein's associates had their roles in his crimes covered up by government officials and others. They point the finger at Democrats and Hollywood celebrities, although not at Trump himself. No official source has ever confirmed that the president appears in any of the as yet unreleased material. Trump knew and socialized with Epstein but has denied spending time on Little Saint James, the private redoubt in the US Virgin Islands where prosecutors alleged Epstein trafficked underage girls for sex. "Terrific guy," Trump, who was Epstein's neighbor in both Florida and New York, said in an early 2000s profile of the financier. "He's a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side."
IOL News
6 hours ago
- IOL News
Financial tips for UK expats moving back to South Africa
Explore the financial implications for UK expats returning to South Africa, including tax residency, pension arrangements, and property considerations. Learn how to optimise your finances for a smooth transition back home. Image: Supplied. South Africa faces many challenges, but a clear trend is emerging of expats returning home. Stats SA's Migration Profile Report for South Africa, released last year, shows that since 2000, the number of South Africans in the UK has grown from 136,720 to 247,336. But in a move that some have dubbed 'reverse emigration', many are heading back. The top reasons for coming back range from missing the South African lifestyle and family and friends, to the bad weather and high cost of living in the UK. The UK is significantly more expensive than South Africa, especially when it comes to housing, eating out, and labour costs. For the same income, South Africa offers families better homes, an affordable lifestyle, and access to good schools. Here are the financial implications for expats returning to South Africa. Ensure your finances are in order before you move back A move between countries shifts tax residency, so you will need to determine your tax residency status in both the UK and South Africa, as this will impact how your income and worldwide assets are taxed. Be aware that South Africa taxes residents on their worldwide income while non-residents are taxed only on South African-sourced income. It is important to familiarise yourself with the UK-South Africa DTA to avoid being taxed twice on the same income. It is a good idea to monitor the GBP/ZAR exchange rate to plan the timing of your transfers. The Rand can be volatile, so it may be a good idea to work out your income and capital needs in South Africa and transfer only the amount that you are planning to spend there. Remember that retaining funds offshore can hedge against a weakening currency. Make sure you review your UK pension arrangements before you leave. Several UK pension providers will not accept SA residents on their platform or, when you become a non-resident in the UK, will not allow you to make further changes to your existing UK pension. This could have a material impact on your retirement planning. It's also a good idea to make sure you understand the tax treatment of your UK investments in South Africa, including potential liabilities for Capital Gains Tax or foreign dividends. A question that comes up often is 'Should I retain my ISAs?' Unfortunately, ISAs are not tax-free in South Africa, which has its own version of an ISA called a Tax-Free Savings Account. When moving to a new country, it's best to review the product wrappers you are currently using, as well as what options you have available in South Africa. Many clients benefit from restructuring their investments and tax optimising strategies when it comes to cross-border financial planning. If you have a UK property, you will need to decide whether to sell, rent out, or retain your UK property. Be aware of tax implications, such as Capital Gains Tax and rental income tax in both countries. Buying property in South Africa is fairly straightforward, but make sure that you do your due diligence before any large purchase. Getting set up with a bank account can be difficult without being physically present and able to provide proof of residence in South Africa. Once you have the required supporting documents, the process of opening an account is relatively easy. Many South African bank providers offer offshore accounts. The money required to be held in these accounts is much higher than a local bank account, but it can provide additional flexibility for holding non-Rand assets. * Adshade is the wealth advisor at Sable International. PERSONAL FINANCE
The Citizen
9 hours ago
- The Citizen
‘Is it greed or jealousy?': Ramaphosa fires back at critics of BEE, Transformation Fund
The president pushed back against the argument that BEE is a cost to the economy. President Cyril Ramaphosa at the Oval Office of the White House in Washington, DC on 16 September 2022. Picture: AFP / Saul Loeb President Cyril Ramaphosa has come out swinging against critics of Black Economic Empowerment (BEE), questioning whether their opposition is rooted in 'greed' or 'jealousy'. Ramaphosa was speaking during his keynote address at the gala dinner of the Black Business Council's annual summit held at the Radisson Hotel and Convention Centre in Kempton Park, Ekurhuleni. The two-day summit concluded on Friday. National dialogue and socioeconomic challenges Delivering his speech, Ramaphosa reiterated the government's commitment to hosting a national dialogue to develop solutions for the country's pressing issues. 'Some of these challenges manifest themselves in a number of problems that people not only in our country are facing. 'Cost of living crises are widespread and they impact largely disproportionately on poor people and even middle-income households,' he said. ALSO READ: DA is crippling the government's transformation agenda – labour minister The president acknowledged that while unemployment is a global issue, South Africa is particularly affected. 'We have the worst unemployment problem, especially youth unemployment.' He highlighted the mistrust in institutions, attributing it to high levels of corruption and state capture. Economic growth through transformation Ramaphosa emphasised the potential of the government of national unity (GNU) in driving transformation. He said growth of the country's economy will happen through transformation. 'That is the reality. Transformation is vital if growth is to be meaningful and is to be inclusive as well as to be sustainable. 'There are those who say, dump transformation, dump the black economic empowerment. READ MORE: Affirmative-action measures must 'not go too far', argues DA in court 'Dump it because it is inhibiting growth and I argue that it is what happened in the past that we have to transform and to change, and we can only do so through transformation to grow our economy.' He referred to the Constitution as the foundation for transformation policies. 'The heart of our Constitution is around the equality clause, which says that steps and measures and laws must be made to redress the injustices of our past and we will not get away from that,' the president told delegates. 'It is what happened in the past that we must never forget, for it must inform what we need to do now, and it must inspire what we should do in the future. That's what we need to do and it's not limited to a few laws, policies or regulations.' Watch Ramaphosa's speech below: Ramaphosa defends BEE Ramaphosa stated that legislative frameworks like the Broad-Based Black Economic Empowerment (BBBEE) and the Employment Equity Act are crucial tools for driving transformation. Despite progress in narrowing the equality gap, the president pointed out that significant disparities remain – with the average income of white households still nearly five times higher than that of black African households. READ MORE: Employment Equity Bill has 'shortcomings' Ramaphosa appeared to take a swipe at the Democratic Alliance (DA), which is challenging the Employment Equity Act in court. 'Quite often they are the ones who complain about employment equity, black economic empowerment and you often wonder, what is it? 'Is it greed that is driving them or is it jealousy because it should be prosper thy neighbor that should drive them. They should be applauding. 'Yes, people are also moving up the scale and they are often the very first to complain and even to take government to court.' Transformation Fund Ramaphosa called for the ownership, management, and control of key industries, such as construction, to reflect South Africa's demographics. 'We cannot separate our drive for inclusive growth for the drive for economic empowerment. 'And I stress this because the noises that continue to be made against empowerment and transformation are worrying.' Addressing criticism of the Transformation Fund, Ramaphosa reaffirmed the government's commitment to its implementation. 'We suddenly heard negative voices about the establishment of the Transformation Fund and we have said we are forging ahead with the establishment of this fund and we are going to allocate money.' READ MORE: What problem does government want to solve with R100bn Transformation Fund? He emphasised that access to finance remains a key barrier for black-owned businesses: 'We therefore as government must make sure that there is access to funding for black-owned businesses.' Ramaphosa also pushed back against the argument that BEE is a cost to the economy. 'There are those who say it is costing the economy much too much. And when you ask them in what way it is costing the economy, they are not able to explain. We need to demonstrate that it is an investment in the economy.'
