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Equipment
 
Equipment

Emerging exporter focuses on investing locally

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Agricultural equipment supplier Agro Tractor House reports that import tariffs are too high and plans on investing more in manufacturing locally, on a small scale, and increasing its sales to the South African market. “There will be a 60%...
15 Jan 10
 
 
DEVELOPMENT FINANCE

Land Bank teams up with Masisizane to grow agriculture sector

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Old Mutual’s Masisizane development finance fund and the Land Bank on Wednesday signed a memorandum of understanding (MoU) to collaborate their efforts to ensure growth in the agricultural sector and to create sustainable jobs, particularly in...
18 Nov 09
 
 
DIVERSIFIED INDUSTRIAL

Barloworld expects ‘another challenging year' in 2010 Video Available

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Diversified industrial group Barloworld, which reported a 25% drop in operating profit to R1,9-billion for the year to September 30, 2009, said on Monday that it expected 2010 to be "another challenging year". Group revenue declined by 10% to...
16 Nov 09
 
 
POULTRY PRODUCTION

Poultry firm invests R70m in processing plant, support services

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Poultry producer Sovereign Foods, formally known as Rocklands Poultry, has made a multimillion rands investment in its processing plant and support services, creating the capacity to process up to 60-million birds a year, almost doubling the...
06 Nov 09
 
 
FARMING EQUIPMENT

Global farm equipment maker eyeing Africa’s 
‘significant potential’

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Global agricultural equipment manufacturer and distributor Agco is to expand its business into Africa, which it sees as having significant potential for growth in the agricultural sector, Agco chairperson, president and CEO Martin Richenhagen told...
11 Sep 09
 
 
FINANCIAL RESULTS

Afgri lifts FY profit on near-record maize crop, improved environment

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A strong agricultural year in South Africa led to JSE-listed agricultural services group Afgri increasing its net profit for the year ended June 30, 2009, to R354-million, up 18% on the R299-million in net profit achieved in the 16 months ended...
02 Sep 09
 
 
CAPITAL EQUIPMENT

Eqstra posts R45m profit, expects earnings growth in 2010

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Integrated leasing and capital equipment group Eqstra Holdings on Wednesday reported profit of R45-million for its first full trading year as a listed company. Basic earnings and headline earnings a share for the year ended June were 16,6c and...
26 Aug 09
 
 
 
 
 
 
Equipment Multimedia
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Barloworld expects ‘another challenging year'... Video
York Timbers suspends acquisition programme Video
SA staves off microbiological dangers in food Video
Omnia’s agriculture unit's performance may be... Video
Listed agricultural group sees growing... Video
SA needs to produce more food to deal with... Video
Sappi mulls 90 MW of short-term power projects Video
Weaker rand, strong demand offers sound... Video
IDC's Foskor will head to JSE in 2009 Video
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Local speciality coffee sales may... Audio
Operating profit up, but costs worry... Audio
Newly listed KayDav eyes national... Audio