Omnia Holdings CEO discusses strong agricultural and mining outlook amid global challenges

THE global outlook for agriculture and mining remains fundamentally strong, with rising global populations and urbanisation driving the demand for food, technology, and basic materials, said Omnia Holdings CEO Seelan Gobalsamy.

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This is in spite of a global macroeconomic environment that is likely to remain challenging, and a subdued economic growth outlook for South Africa. Globally, geopolitical tensions, conflicts, and trade disruptions could continue to impact energy and commodity markets, and increasing trade tariffs may affect international trade flows and economic stability, he said in the group’s annual report released on Tuesday.

JSE-listed Omnia is a global, diversified chemicals group supplying chemicals and specialised services and solutions that are mainly manufactured in Sasolburg, to the agriculture, mining, and chemicals application industries in 23 countries.

The group is well positioned to meet demand in the agriculture and mining sectors, he said.