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Agroprocessing

Wheat
US Treasury reaffirms efforts to stabilise global energy prices, improve food security in Africa
25th January 2023 By: Marleny Arnoldi

US Treasury Secretary Janet Yellen says the US government and its partners are leading efforts to stabilise global energy prices by introducing a cap on the price of Russian oil, which should help... 


Africa needs up to $65bn in loans every year to curb food imports
25th January 2023 By: Bloomberg

Farmers in Africa will need as much as $65-billion in loans annually to produce enough food to curb imports and cushion their economies from external shocks. The continent imports over 100-million... 


Agbiz calls for less loadshedding in areas under irrigation
23rd January 2023 By: Schalk Burger

Business organisation the Agricultural Business Chamber of South Africa (Agbiz) has urged for less loadshedding in areas under irrigation and food-processing facilities. In crucial field crops,... 


An energy crisis is seeping into South Africa’s food supply
18th January 2023 By: Bloomberg

The most severe power cuts ever experienced in South Africa are threatening food and water supplies and disrupting the lives of millions of people, including chicken farmers. In the poultry... 


Tractor in field
AfDB names 25 finalists in latest AgriPitch competition
10th January 2023 By: Marleny Arnoldi

The African Development Bank (AfDB) Group has announced that 25 youth-led agricultural companies will advance to the final round of its 2022 AgriPitch Competition and each be awarded $140 000 in... 


Fields of wheat in Caledon
South Africa 2022 wheat harvest forecast 1.6% lower than last year
21st December 2022 By: Reuters

South African farmers are expected to harvest 1.6% less wheat in the 2022 season compared with the previous season, the government's Crop Estimates Committee (CEC) said on Wednesday. The CEC's... 


Only one in five citrus farms to make positive return for 2022 season
12th December 2022 By: Schalk Burger

A range of challenges that the citrus industry faced during the past year squeezed producers to the point where only one in five farms are likely to make a positive return this season, says... 


Tongaat Hulett's sugar operations in KwaZulu-Natal
Canegrowers call on Godongwana to eliminate the sugar tax
8th December 2022 By: Kenneth Creamer

Industry body SA Canegrowers has made a submission to the National Treasury, calling on Finance Minister Enoch Godongwana to not only suspend the increase in the sugar tax, but to eliminate the tax... 


Water crisis poses greatest risk for Africa’s food, CEO of fertiliser company says
6th December 2022 By: Bloomberg

One of Africa’s largest producers of agriculture chemicals says erratic rains and water shortages pose the biggest risk to food security on the continent, more than Russia’s war on Ukraine or other... 


Sugar production in KwaZulu-Natal
Sugar growers-led consortium sets out to buy Tongaat's assets
30th November 2022 By: Schalk Burger

A consortium comprising the sugarcane growers that supply troubled sugar producer Tongaat Hulett, has submitted an expression of interest to business rescue practitioners (BRPs) to acquire... 


South African food inflation maintained its upward momentum in October
29th November 2022 By: Rebecca Campbell

Food and non-alcoholic beverage inflation (hereafter referred to, for short, as food inflation) in South Africa continued its upward momentum in October, the Bureau for Food and Agricultural Policy... 


Cape Town terminal exceeding weekly volumes as deciduous fruit season starts
24th November 2022 By: Schalk Burger

State-owned Transnet Port Terminals (TPT) says the Cape Town Container Terminal (CTCT) has been exceeding weekly volumes by 32% for two consecutive weeks as the South Africa’s deciduous fruit... 


Ugandan initiative makes advice and funding available for rainwater harvesting
24th November 2022 By: Schalk Burger

The Mvua Water Harvesting Initiative is providing advice and making it easier for Ugandans to access funding to invest in harvesting rainwater for households and agriculture. Harvesting rainwater... 


Astral lifts as poultry producer's profit more than doubles
21st November 2022 By: News24Wire

Shares in Astral Foods rose more than 4% in morning trade after it reported full year revenue growth of over a fifth, and it more than doubled its profits. The strong performance came as the... 


Climate-hit nations have little time to fix food supply, UN says
17th November 2022 By: Bloomberg

Vulnerable countries in Africa, Asia and Latin America have less than a decade to install early-warning systems and diversify the crops they grow before the growing “loss and damage” from climate... 


Publication of Tongaat Hulett's business rescue plan delayed to January
15th November 2022 By: Simone Liedtke

The majority of creditors of agriculture and agri-processing business Tongaat Hulett have approved an extension to the date of publication of a business rescue plan to January 31. In a statement... 


AgMerchant launched as new agriculture sector lender in South Africa
9th November 2022 By: Schalk Burger

A new financial services firm AgMerchant Capital was launched on November 9 and aims to be a keen participant in the agricultural financing services industry in South Africa through the provision... 


Tongaat BRPs, canegrowers reach agreement on short-term payments
9th November 2022 By: Schalk Burger

Sugarcane industry organisation SA Canegrowers’ members have accepted a proposal by the business rescue practitioners (BRPs) for Tongaat Hulett that ensures the payment of outstanding payments due... 


Tshwane ordered to fix fresh produce market
3rd November 2022 By: Schalk Burger

The High Court in Pretoria has issued a judgment ordering the City of Tshwane to invest R18-million in the implementation of a precinct plan for the maintenance of the Tshwane Fresh Produce Market,... 


In meat-loving South Africa, climate concerns whet appetite for veggie burgers
3rd November 2022 By: Reuters

In South Africa, a country where 'braais' are a national pastime, plant-based substitutes are making surprising inroads despite a deep cultural love of meat and hostility from the regulator. That... 


SA Canegrowers to meet Tongaat BRPs, says 14 600 jobs in danger
1st November 2022 By: Schalk Burger

Sugarcane business organisation SA Canegrowers will meet with the business rescue practitioners (BRPs) appointed to sugar producer Tongaat Hulett after Tongaat missed the deadline by which to make... 


Transnet says citrus export volumes 3.7% higher than in 2021
28th October 2022 By: Schalk Burger

State-owned Transnet Port Terminals (TPT) says it has moved 128 374 forty-foot equivalent units across its container terminals in Durban, Ngqura, Gqeberha and Cape Town and has handled 3.7% more... 


Agrarius lists first Shari’ah-compliant sustainability-linked Sukuk on the JSE
28th October 2022 By: Schalk Burger

Sustainable agriculture investment company Agrarius Sustainability Engineered has listed Africa’s first Shari’ah-compliant sustainability-linked Sukuk on the JSE. This constitutes the inaugural... 


R401m of payments to cane growers at risk as Tongaat Hulett goes into business rescue
28th October 2022 By: Schalk Burger

Sugarcane business organisation SA Canegrowers says the immediate risk arising from sugar company Tongaat Hulett's entry into business rescue is that R401-million that was due to be paid to growers... 


Agri SA warns action needed to prevent locust outbreak in 2023
28th October 2022 By: Schalk Burger

Agriculture business organisation Agri SA says it is extremely concerned that the 2022/23 summer season will lead to an even greater locust outbreak if no proactive measures are taken now. South... 


A photo of Tongaat Hulett's sugar operations
Tongaat Hulett enters voluntary business rescue
27th October 2022 By: Chanel de Bruyn

Agroprocessing group Tongaat Hulett's board has determined that the company is in financial distress and has decided to start voluntary business rescue proceedings. The company reiterates in an... 


A photo of vehicles parked at a port for export
Inaugural South Africa Auto Week highlights sector’s significance on continent  
26th October 2022 By: Marleny Arnoldi

African Continental Free Trade Area (AfCFTA) secretary-general Wamkele Mene has said the automotive sector is at the heart of Africa’s industrialisation and can play a vital part in the global... 


A photo of farming operations in South Africa
Agri sector calls for tax relief, infrastructure investment ahead of MTBPS
25th October 2022 By: Creamer Media Reporter

Industry body Agri SA says it is hopeful that the Medium-Term Budget Policy Statement (MTBPS), to be delivered by Finance Minister Enoch Godongwana on Wednesday afternoon, will outline critical... 


Wine industry launches e-learning platform for vineyard employees
21st October 2022 By: Schalk Burger

Wine industry organisation Vinpro and industry body Winetech People Development have launched an e-learning platform through which South African wine industry vineyard workers can hone their... 


South African food inflation continued its upward trend in September
21st October 2022 By: Rebecca Campbell

The Bureau for Food and Agricultural Policy (BFAP) has highlighted, in its latest “Food Inflation Brief”, that South African food and non-alcoholic beverage (hereafter to be referred to simply as... 


Nel resigns as Tongaat exec after restructuring plan approved
19th October 2022 By: Schalk Burger

Jean Nel has resigned as nonexecutive director of JSE-listed agriculture and agri-processing company Tongaat Hulett, with effect from October 17. He has also stepped down as a member of the Tongaat... 


Wheat
IFC backs food supply chain strengthening initiative in West, Central Africa
18th October 2022 By: Marleny Arnoldi

The International Finance Corporation (IFC), Swiss bank BIC-BRED (Suisse) and Swiss commodity trading group Agro Companies International (ACI) have partnered to help finance the importation of... 


A photo of Tongaat's sugar milling operations
Tongaat's board approves capital restructuring
17th October 2022 By: Creamer Media Reporter

Agroprocessing company Tongaat Hulett says its board of directors has approved the capital restructuring plan created by the chief restructuring officer and restructuring committee. The plan, which... 


South Africa must focus on logistics to have globally competitive agricultural exports - Agri SA
13th October 2022 By: Schalk Burger

To be a globally competitive agricultural produce exporting nation, South Africa needs to focus on logistics, as transport infrastructure is a crippling problem for the sector, says industry... 


MIC invests R10m in farming investment fintech platform Livestock Wealth
12th October 2022 By: Schalk Burger

Investment holding company the Mineworkers Investment Company (MIC) has, through its Khulisani Ventures initiative, invested R10-million in crowd farming financial technology (fintech) company... 


Govt launches National Biosecurity Hub at University of Pretoria
11th October 2022 By: Marleny Arnoldi

The Department of Science and Innovation (DSI) on October 11 launched the National Biosecurity Hub, at the University of Pretoria’s (UP’s) Future Africa campus, to support the prevention and... 


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