Global shifts, including increased United States tariffs on Chinese goods, are forcing supply chains to pivot in unpredictable ways.
“Managing ESG is a multifaceted challenge that requires constant monitoring, data analysis and the ability to adapt to regulatory and market changes.”
Cotton production rose 2% in 2024 but market forces pulled prices down.
Although exporters could absorb the current tariff, an increase up to 30% could be a death knell.
The 30% tariff will affect trade and jobs, delivering a crippling blow to the economy.
Economists caution that mitigating measures are unlikely to compensate for immediate losses.
New management systems are optimising inventory levels, employee allocation and energy consumption in real time.
Agriculture minister John Steenhuisen attributes the growth to expanded market access in the East.
Products must currently be certified by authorised bodies before arriving in the country.
Meat importers have lauded both governments for lifting the ban from all states.