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Card image 13 June 2022 Daily Maverick

Agribusiness Confidence Index dips in second quarter, but green shoots emerge

The Agbiz/IDC Agribusiness Confidence Index (ACI) fell 2 points to 60 in the second quarter (Q2) of 2022, the Agricultural Business Chamber of South Africa (Agbiz) said on Monday. Still, there are green shoots amid the data, including a rise in investment confidence – critical to a sector that is very capital intensive.

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