South Africa’s wool industry has bled over R700 million since China’s sick sheep ban
China's now four-month ban on South Africa's wool has cost growers in the country R734 million.
The National Wool Growers Association has said that the ban will have dire consequences for South Africa's wool industry, which produces clip worth R5 billion annually. China is by far South Africa's biggest wool trade partner, with between 70% to 80% of the country's clip destined for the country.
The ban comes just as the industry was recovering from an extended period of drought and a prolonged ban spells trouble for many commercial wool producers who may be unable to survive the ripple effects.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa: Basic Water Services in South Africa Are in Decay After Years of ProgressAnalysis - Water is at the heart of health and well-being for people and nature. Access to it is a human rights issue recognised by international treaties and declarations, and national standards. It's vital for education and economic productivity. Ultimately, it connects the environment to society.
Read more »
South Africa: What the US Can Learn From Apartheid-Era Book Bans in South AfricaAnalysis - "Beloved." "The Hate U Give." "Maus." "Burger's Daughter."
Read more »
South Africa: Blitz of Gold For South Africa at Commonwealth Games - What's Happening In South African News - August 1, 2022
Read more »
South African mother reunited with her son after 40 yearsIt had been 40 years since Salomé Tadford last saw her son when he was a tiny baby. However, after being taken away from her, a decades-long search would ensue, and it’s a beautiful thing Salomé never gave up:
Read more »
Treasury drafts plan to lift retirement savings in South AfricaSouth Africa’s National Treasury has published draft reforms aimed at encouraging citizens to have easily accessible savings, while also ringfencing funds meant for retirement.
Read more »
South Africa ends daily Covid-19 stats reportsThe Department of Health and the National Institute for Communicable Diseases (NICD) will no longer issue the daily numbers of Covid-19 cases, hospital admissions and deaths due to a decrease in SARS-CoV-2 levels.
Read more »