Investing can be likened to farming. Phillip Mjoli of Sanlam Investments explains why farming is like a long-term investment.
The JSE improved market accessibility and liquidity in the mini-maize commodity derivatives market by successfully switching the mini-maize contract from a physical settlement to a cash settled contract. Investors can now trade the financial instrument, rather than the physical maize product more easily.
A new sectoral determination for farm workers, including a new minimum wage, can only be implemented in April next year, labour minister Mildred Oliphant said this afternoon. This, coupled with increased mechanisation on farms is likely to create continued tension between employers and their employees in the coming months.