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Jun 30, 2015
Ashok Thakur
India’s largest utility vehicle and tractor producer, Mahindra & Mahindra, has established a new business unit specifically focussed on emerging opportunities in Africa. The African business unit will be headed by current Mahindra South Africa (MSA) CEO Ashok Thakur,...
Jun 29, 2015
Jun 26, 2015
Tanzania, home to Mt. Kilimanjaro and the Serengeti National Park, has a tradition of protecting land for the sake of ecological diversity and beauty. Now the country has a new reason to add to its protected sites list: electricity.
Jun 25, 2015
Kenya's president handed one-billion shillings ($10-million) to cash-strapped Mumias Sugar as part of a state bailout and said managers who ran down the firm would be investigated for corruption. Kenya's struggling sugar industry has been protected against cheaper...
Jun 23, 2015
Gauteng would continue to facilitate job-creating investment in the economy, said Economic Development and Agriculture and Rural Development MEC Lebogang Maile on Tuesday, highlighting that it had secured significant funds for key projects earmarked for the 2015/16...
Jun 23, 2015
Rod Humphris
Despite a tough financial year, marked by weaker performance in its mining division and a flat performance in its chemicals division, owing to a struggling manufacturing sector, JSE-listed chemicals company Omnia achieved a 3% increase in headline earnings a share to...
Jun 22, 2015
South African explosives and specialty chemicals group AECI has entered into an agreement to acquire Malawi-based agrochemicals, seeds and spraying equipment distributor Farmers Organisation Limited (FOL) from Rendale Holdings for an undisclosed amount. This formed...
Jun 22, 2015
Corazza area sales manager for West and North Africa Paolo Valmori
Africa was an important, continuously growing market, presenting opportunities to attract new potential customers, said Italian packaging machine manufacturer Corazza area sales manager for West and North Africa Paolo Valmori. He told Engineering News Online on...
Jun 19, 2015
Jun 19, 2015
Jun 19, 2015
Jun 18, 2015
 
 
 
Jun 18, 2015
Following reports on Wednesday that Swiss food and drinks company Nestlé will cut 15% of its workforce in 21 African countries, Nestlé South Africa has clarified that these job cuts do not concern South Africa. Nestlé South Africa said on Thursday that the South...
Jun 17, 2015
An international study commissioned by food processing and packaging solutions company Tetra Pak has confirmed the enduring global popularity of milk, observing that its consumption in developing countries is driven chiefly by an understanding of its nutritional...
Jun 09, 2015
An agreement between US and South African chicken producers on lifting anti-dumping duties for around 65 000 t of bone-in chicken cuts a year would only be finalised in the next four to six months, the SA Poultry Association (SAPA) said on Monday. “We have to reduce...
Jun 08, 2015
The organisers of the first regional Global Forum for Innovations in Agriculture (GFIA) Africa, to be held at the Durban Exhibition Centre, in KwaZulu-Natal, in December, have issued a call for innovators to submit entries on game-changing innovations. “This...
Jun 08, 2015
Trade and Industry Minister Dr Rob Davies
Trade and Industry Minister Dr Rob Davies says South Africa’s concession to improve market access for US bone-in chicken cuts would “consolidate” the country’s participation under the reauthorised African Growth and Opportunity Act (Agoa), which was due to be...
Jun 05, 2015
Despite high economic growth, competitiveness in Africa is stagnating, and even falling in some economies, the African Competitiveness Report has warned. The report, released at the World Economic Forum on Africa, in Cape Town, cautioned that prospects for long-term...
Jun 05, 2015
Businesses in Africa have the opportunity to unlock $350-billion a year in value from new opportunities that focus on sustainability, according to a study undertaken by Accenture and the National Business Initiative (NBI). A report on the study findings advocated a...
Jun 04, 2015
JSE-listed Rolfes has bought out Agricultural Chemicals’ (Agchem’s) minority shareholders for R37.9-million and expects the acquisition to better align its core businesses and strengthen the platform upon which to grow the division and the company. Rolfes said on...
Jun 03, 2015
Trade and Industry Minister Dr Rob Davies
The last minute deal expected to be reached in respect of the new African Growth and Opportunity Act (Agoa) must not undermine economic development and employment sustainability, directly or indirectly, in South Africa’s poultry sector, the Food and Allied Workers...
Jun 03, 2015
Unilever has opened the R511-million expansion at its Indonsa factory, in Durban, KwaZulu-Natal, making it the company’s largest savoury factory by volume. The multinational consumer goods company explained on Wednesday said the investment increased the factory’s...
 
 
 
 
Jun 02, 2015
Minister of Agriculture, Forestry and Fisheries, Senzeni Zokwana
The Water Research Commission (WRC) executive manager of water utilisation in agriculture Dr Gerhard Backeberg is convinced that subsistence fishing can certainly provide improved food security and better livelihoods for many communities, but warns that increasing...
Jun 01, 2015
Article contains comments
The farming and the agrochemical sectors stand to lose billions of rands if glyphosphate is prohibited, after a World Health Organisation finding of possible carcinogenicity. An industry expert at CropLife South Africa, Dr Gerhard Verdoorn, told Fin24 that the loss...
May 29, 2015
JSE-listed Nutritional Holdings says it had made “great strides” towards achieving its medium-term turnaround strategy during the year ended February 28. However, owing to procedural and regulatory constraints, the time taken to finalise the company’s black...
May 29, 2015
ROBUST CONTRIBUTION The product offering for the KwaZulu-Natal region will include the Aerzen Delta Blower Generation 5 roots type blower for the sugar production industry
Gas conveying and compression company Aerzen Airgas Blowers and Compressors is opening a new branch north of Durban, in KwaZulu-Natal in June. KwaZulu-Natal Airgas branch manager Earl Houston tells Engineering News that the branch will be operational from June 1,...
May 29, 2015
LOCAL GROWTH The South African paper business continued to progress with higher volumes, pricing and lower logistics and fixed costs
Pulp and paper producer Sappi has increased its net profit for the three months to March 31, by 75% to $56-million, compared with the profit of $32-million recorded in the March 2014 quarter.
May 27, 2015
Article contains comments
Agriprofessionals play a vital role in ensuring that the produce on shop shelves and delivered to outlets across the world, is of a high standard, helping to grow the agriculture sector and build a sustainable economic future, says Western Cape Minister of Economic...
May 27, 2015
Proposed regulations by the Department of Health have driven manufacturers back to sugar while the search is on for new, more natural sweeteners, creating uncertainty in the nonnutritive sweetener segment, which could affect profits. This was according to Frost &...
May 26, 2015
Tongaat Hulett CEO Peter Staude
JSE-listed Tongaat Hulett CEO Peter Staude told shareholders and analysts on Tuesday that of the company’s land assets, 39% was either in the process of undergoing an environmental-impact assessment, being released from agriculture, had formally submitted a planning...
May 26, 2015
AECI CEO Mark Dytor
South African chemicals group AECI has entered into an agreement to acquire Southern Canned Products (SCP) for an undisclosed amount, complementing its Lake Foods division and its strategy to grow its Food Additives and Ingredients business in South Africa and,...
May 25, 2015
Tongaat Hulett CEO Peter Staude
Despite a record year, Tongaat Hulett’s starch and cellulose division was impacted by load-shedding during the year ended March 31, CEO Peter Staude said in a telephone interview on Monday. “The starch and glucose operation, which is the only wet-miller in...
 
 
 
 
May 25, 2015
JSE-listed Rhodes Food Group grew its turnover 12.4% to R1.3-billion for the six months ended March 29, while normalised operating profit was up 17.3% to R126-million, the company reported at its interim results presentation on Monday. The company’s normalised...
May 25, 2015
Article contains comments
Illovo MD Gavin Dalgleish
Sugar producer Illovo says there is a major opportunity to alleviate South Africa’s immediate power crisis and reduce rural poverty by more fully exploiting the industry’s electricity cogeneration potential. But MD Gavin Dalgleish says this potential will only be...
May 25, 2015
Diversified feeds and poultry company Quantum Foods lifted its headline earnings a share for the six months to March 31, by 182% to 26.3c, compared with headline earnings a share of 9.3c in the six months to March 2014. Quantum further reported profit a share of...
May 25, 2015
Declining global and European Union (EU) market sugar pricing, currency volatility and the impact of poor weather on the South African cane crop have dented sugar producer Illovo’s profitability, narrowing operating profit for the year ended March 31 by 12.3% to...
May 25, 2015
Following the conclusion of its two-year 'Vision 2015' strategy, JSE-listed Famous Brands would now embark on a five-year strategy set to heighten the competitiveness of the food services business. The group, which recorded its fourteenth consecutive year of growth...
May 22, 2015
THE COPE GEARBOX The Cope gearbox, which was developed in cooperation with German gear manufacturer Renk, offers up to eight motors at the motor end
Vertical roller mills manufacturer Loesche last year received an order to install a Loesche Mill type LM 70.4+4 in Calabar, Nigeria, the largest Loesche mill to date. Loesche was awarded the contract in July 2014 by Sinoma for United Cement Company of Nigeria (UCCN)...
May 22, 2015
DBX35 The new Fiori DBX35 self-loading concrete mixer is designed specifically for emerging markets
Concrete brick, block and paving-making machinery and technology supplier Pan Mixers South Africa (PMSA) in March launched the new Fiori DBX35 self-loading concrete mixer, designed specifically for emerging markets in Africa that require high-quality concrete on...
May 22, 2015
M7A2 The new M7A2 chute and automated block-making machine, produces building material such as standard dry-stacked, interlocking blocks, suitable for load-bearing construction, boundary walling and other building purposes
Brick and block making machine manufacturer Hydraform has introduced two new automated block-making machines to the South African building and construction market. The new machines are fully automated making them safer to operate, while also reducing labour...
May 20, 2015
Article contains comments
Five thousand employees in the sugar industry could potentially go on strike, as Uasa and other trade unions involved in negotiations currently under way at the bargaining council declared a dispute on Wednesday morning. Uasa sector manager Gerhard Ueckermann noted...
May 20, 2015
Tiger Brands CEO Peter Matlare
JSE-listed Tiger Brands CEO Peter Matlare was quick to come to the defence of struggling Nigerian asset, Dangote Flour Mill (DFM), which was partly responsible for offsetting the company’s solid domestic performance in a tough trading environment. Tiger was currently...
 
 
 
 
May 19, 2015
JSE-listed Oceana expects to conclude the acquisition of US-based Daybrook Fisheries for about R 4.588-billion by late July, subject to the approval of the requisite majority of Oceana’s shareholders. However, a put premium of R180-million may be paid to the...
May 18, 2015
Reporting an increase of 8% in revenue and 36% in operating profit for the six months ended March 31, JSE-listed Pioneer Foods on Monday said its results reflected the progress of its strategic focus of strengthening brands and expanding margins. Revenue for the...
May 18, 2015
JSE-listed Astral Foods on Monday reported an operating profit of R550-million from revenue of R5.755-billion for the unaudited six months to March 31, an increase of 158.4% and 22.4% on the R212-million and R4.699-billion, respectively, of the year-ago period....
May 18, 2015
Barloworld CE Clive Thomson
With new equipment orders stalling and the Russian market still in a slump, Barloworld found its cheer for the six months ended March 31 from a turnaround in its Iberian business and healthy equipment parts and service sales. The equipment, automotive and logistics...
May 15, 2015
JSE-listed Sovereign Food Investments on Friday reported headline earnings a share of 103.3c, up 72%, and a 19% increase in revenue to R1.65-billion for the year ended February 28. Sovereign, which was focused on continuing to execute its product mix strategy and...
 
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