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El Niño dries up South Africa’s agricultural business confidence for the second quarter

By:  
Deputy Editor Online
 
AGRICULTURE
The Agricultural Business Chamber of South Africa (Agbiz) and Industrial Development Corporation’s Agribusiness Confidence Index (ACI) reached a 15-year low of 38 points in the second quarter of the year. This is the lowest level since the third quarter of 2009 and compares with a level of 40 in the first quarter of the year.
 
 
 
 
 

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