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Great analysis. One thing that stands out is the concentration of the agribusiness sector (Senwes, Afgri,NWK,GWK,Suidwes Landbou...) exhibiting anti-competitive dynamics, with the existence of large but few companies who work together and who are price-setters

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Thank you. They were allowed to consolidate power when the marketing boards were dissolved in '96. They went from price takers to price-setters, converted to private companies & grew.

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