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Agriculture News

York Timbers lifts FY18 Ebitda by 12%

By: Simone Liedtke     25th September 2018 Despite challenging market conditions, integrated forestry company York Timbers increased its earnings before interest, taxes, depreciation and amortisation (Ebitda) and core earnings by 12% and 59%, respectively, for the full year ended June 30. The company on Tuesday pointed out that the Ebitda... 

Ascendis launches new strategic focus, announces positive FY18 results 

By: Nadine James     25th September 2018 JSE-listed pharmaceutical company Ascendis Health on Tuesday announced a new strategic focus prioritising pharmaceutical and consumer healthcare. The company, which also reported on its results for the financial year ended June 30, plans to divest its biosciences businesses. 

Ascendis launches new strategic focus, announces positive FY18 results
CEO Thomas Thomsen discussing the company's new strategy and the need for divestment. Video and editing: Nicholas Boyd

Ramaphosa's new 10-person land reform advisory panel

By: News24Wire      21st September 2018 President Cyril Ramaphosa has announced the names of his 10-person advisory panel on land reform.  The president announced the establishment of the panel when he unveiled the state's stimulus package on Friday morning in Pretoria.  

Ramaphosa's new 10-person land reform advisory panel
Inter-Ministerial Committee on Land Reform chairperson Deputy President David Mabuza

Angola, IFC court South African investors

By: Nadine James     21st September 2018 World Bank Group executive director for Angola, Nigeria and South Africa Bongiwe Kunene says a roundtable event taking place on September 24, will enable South African businesses and investors to explore the growth opportunities in Angola created as a result of the 2017 election of that country’s... 

Electrical equipment range expanded

21st September 2018 Power distribution system supplier Magnet Group has expanded on its Carlo Gavazzi range by introducing multi-channel power analyser and automation products. These include WM50 multi-channel power analysers, which efficiently measure main electrical variables as well as voltage and current... 

Electrical equipment range expanded
MULTI-CHANNEL POWER ANALYSERS The Magnet Group specialises in the supply, implementation and support of electrical equipment

African Rainbow Capital to acquire 25% of Moloto Capital Investments

By: Marleny Arnoldi     20th September 2018 Investment holding company African Rainbow Capital (ARC) Investments has subscribed for a 25%interest in black-owned and women-controlled investment company Moloto Capital Investments, which is focused on driving empowerment in the industrial and manufacturing sectors in the country. The... 

ARC Fund to act as ‘anchor investor’ in London listing of South African phosphate mine

By: Terence Creamer     13th September 2018 African Rainbow Capital Investments (ARC) has announced that its ARC Fund will participate as the ‘anchor investor’ in the upcoming London listing of the Elandsfontein phosphate mine, which is located on South Africa’s West Coast. ARC Investments, which released its maiden set of result on... 

ARC Fund to act as ‘anchor investor’ in London listing of South African phosphate mine
Elandsfontein phosphate mine

Quantum Foods sees 219% jump in earnings for year ending September

By: African News Agency      12th September 2018 Diversified feeds and poultry business Quantum Foods said on Wednesday it expected headline earnings per share (HEPS) for the twelve months ending September 30 to be at least 219% or 107.5c higher than reported in the same period last year. "This implies that for the twelve months ending 30... 

Agribusiness confidence declines significantly in third quarter – index

By: Marleny Arnoldi     10th September 2018 The Agbiz/Industrial Development Corporation (IDC) Agribusiness Confidence Index has fallen below the neutral 50-point mark, declining by six points to 48 in the third quarter of the year – the lowest level since the second quarter of 2016, which was a drought year. Agbiz states that while the... 

Agribusiness confidence declines significantly in third quarter – index

Tongaat Hulett appoints interim CEO

By: Simone Liedtke     7th September 2018 Sydney Mtsambiwa has been appointed as the interim CEO of JSE-listed agriculture and agroprocessing group Tongaat Hulett, with effect from November 1, following the retirement of long-serving CEO Peter Staude. Mtsambiwa will serve as the interim CEO until the board has finalised the appointment... 

High demand for SAIW fabricator certification

7th September 2018 Nonprofit technical organisation Southern African Institute of Welding (SAIW) is encouraged to see a high number of large companies applying for Welding Fabricators Certification Scheme (WFCS) which is a quality requirement for fusion welding of metallic materials, as well as certified... 

High demand for SAIW fabricator certification
HERMAN POTGIETER I'm encouraged by the growing demand for Welding Fabricators Certification Scheme in the country

Bidvest lifts FY18 HEPS despite volatile market

By: Simone Liedtke     3rd September 2018 JSE-listed services, trading and distribution company Bidvest on Monday declared a final dividend of 301c a share, bringing the total dividend for the financial year ended June 30 to 556c, amid a volatile market, which the company said was characterised by weak economic growth and consumer spend,... 

BMG’s solar inverters used in agricultural irrigation

31st August 2018 Technical solutions provider BMG’s Motoline P19000 solar inverters aid in agricultural irrigation and water feed systems, for rural domestic and municipal water supply, as well as for ponds and dams. 

South African farmers play chicken with Trump tariffs

By: Reuters     29th August 2018 Herman Pretorius is just the kind of white South African farmer US President Donald Trump expressed concern for when he barged into the country's delicate land reform debate by ordering an investigation into the "large-scale killing of farmers". But for the greying, bespectacled 58-year-old,... 

AfDB, FAO to collaborate again on boosting agriculture investments in Africa

By: Marleny Arnoldi     28th August 2018 The African Development Bank (AfDB) and the United Nations’ Food and Agriculture Organisation (FAO) have agreed to strengthen joint efforts aimed at growing agriculture sector investments in Africa. The organisations will raise up to $100-million over five years to support these activities,... 

Agricultural organisations commit to developing national strategy

By: Simone Liedtke     27th August 2018 The presidents of the African Farmers Association of South Africa (Afasa), the National African Farmers Union of South Africa (Nafu SA), Agri SA and the Transvaal Agricultural Union of South Africa (Tau-SA), as members of the Agri Sector Unity Forum (Asuf), on Monday declared their intent to work... 

Agricultural organisations commit to developing national strategy

More black farmers needed in a sustainable and orderly way – AgriSA  

By: African News Agency      24th August 2018 Farm group AgriSA says the solution to the country's heated land expropriation debate is to provide land for urban housing, industrialisation and farming, while more black farmers should be introduced in a sustainable and orderly way. AgriSA president Dan Kriek said the political solution was... 

More black farmers needed in a sustainable and orderly way – AgriSA
AgriSA president Dan Kriek

Trawling for a cleaner environment

24th August 2018 An international study has revealed that South African Hake has a low environmental impact; this and the fact that South African Hake comes from a sustainable and well managed fishery, makes it a good choice over beef and many other forms of animal proteins. According to the study − published in... 

Trawling for a  cleaner environment
HAKING ITS TOLL Hake takes less toll on the environment than most other farmed proteins

African cacao-producing country starts making top-quality chocolate

By: Rebecca Campbell     24th August 2018 Cooperation between a South African and a British business has resulted in the establishment of the first ever chocolate factory in the West African island state of São Tomé e Príncipe. The enterprises are HBD Venture Capital (HBD standing for “Here Be Dragons”), an enterprise of South African... 

Gauteng rapid land release programme to be launched next week

By: Simone Liedtke     22nd August 2018 Gauteng Premier David Makhura will, on August 31, launch the province’s rapid land release programme, in which he plans to make provincial land and buildings available for the development of human settlements and for urban agriculture projects. Speaking at the Johannesburg Chamber of Commerce and... 

EAIF backs billion-dollar Nigeria fertiliser plant

By: Anine Kilian     22nd August 2018 The Emerging Africa Infrastructure Fund (EAIF) on Wednesday announced the financial close of its 11-year $35-million loan to Indorama Eleme Fertiliser & Chemicals (IEFCL). The transaction is part of the financing of a $1.1-billion expansion of IEFCL’s existing fertiliser plant at Port Harcourt,... 

US poultry industry to urge retaliation if South Africa ends quota

By: Reuters     22nd August 2018 The United States poultry industry will press its government to retaliate if South Africa suspends a quota that excludes some US imports from an anti-dumping tariff, the head of a poultry trade group said. The South African Poultry Association (SAPA) has filed a lawsuit seeking to force the... 

Poultry group seeks to suspend US import quota

By: Reuters     21st August 2018 The South African Poultry Association (SAPA) has filed a legal action to force the government to suspend a quota that excluded imports of US poultry from South Africa's anti-dumping tariff, a senior official with the association said on Tuesday. The decision by SAPA was a response to the Trump... 

No land grabs allowed – ANC assures AgriSA  

By: Sashnee Moodley     21st August 2018 Agricultural industry association AgriSA said on Tuesday that it welcomed the African National Congress’s (ANC’s) policy commitments regarding agrarian reform and agricultural property with respect to the ongoing debate on the expropriation of land without compensation. AgriSA and representatives... 

No land grabs allowed – ANC assures AgriSA
AgriSA executive director Omri van Zyl

AgriSA meeting with the ANC "successful"

By: News24Wire      21st August 2018 AgriSA president Dan Kriek met President Cyril Ramaphosa in Cape Town on Tuesday, while the organisation's CEO, Omri van Zyl, held talks with Deputy President David Mabuza in Johannesburg. The meetings were part of two separate consultation processes: Kriek met Ramaphosa as part of the... 

AgriSA meeting with the ANC
AgriSA President Dan Kriek

ANC, AgriSA to meet over expropriation, economy

By: News24Wire      20th August 2018 The ANC and AgriSA, the country’s largest representative body of commercial farmers, will meet on Tuesday to discuss the heated issue of expropriation without compensation. This follows months of uncertainty in the agricultural sector and the broader economy after the ANC’s initial decision to... 

New Asia market manager appointed for South African wines body

By: Schalk Burger     17th August 2018 Winemaker industry body Wines of South Africa (WoSA) has appointed Marcus Ford as its new Asia market manager, effective August 20. He will be based in Shanghai, China, and responsible for running all marketing activities throughout mainland China, Hong Kong and Japan, the organisation said on... 

Company offers paper alternative to wooden and plastic pallets

17th August 2018 Transport packaging company Kimmo is driving the industry to switch to paper pallets as alternatives to the usual wooden and plastic pallets.  The company manufactures paper pallets using honeycomb fibreboard in South Africa. According to the founder of Kimmo Jan Vreken, he discovered honeycomb... 

Company offers paper alternative to wooden and plastic pallets
VISUAL RESEMBLANCE Honeycomb fibreboard technology takes its name from the visual resemblance to a bee’s honeycomb

Tiger Brands’ shares fall on lower FY18 earnings expectations

By: Simone Liedtke     16th August 2018 JSE-listed Tiger Brands’ share price fell by nearly 9.8% on Thursday morning after it announced that its earnings per share (EPS) and headline earnings per share (HEPS) for the financial year to end September 30 are likely to decrease by 22% to 37% year-on-year. It reported EPS of R19.15 and HEPS... 

Davies endorses Itac’s recommendation of increase in sugar import duties

By: Simone Liedtke     15th August 2018 Trade and Industry Minister Dr Rob Davies has endorsed the International Trade Administration Commission of South Africa’s (Itac’s) recommendation for an increase in import duties on sugar to $680/t. While the level is not at the maximum bound rate, as initially requested by the industry in the... 

Tribunal approves Zaad, Hygrotech merger

By: Marleny Arnoldi     13th August 2018 The Competition Tribunal has approved the merger of Zaad Holdings and Hygrotech Properties, which are both involved in the breeding, producing, processing and distribution of agricultural seeds. Zaad, which will be the controlling company, specialises in forage seeds, and is also involved in... 

AfDB head calls for agriculture technologies to optimize African farmers' output

By: African News Agency      10th August 2018 African farms should be given access to technologies that will enhance production, with evidence from countries such as Nigeria demonstrating that technology coupled with strong government backing are yielding positive results, African Development Bank (AfDB) president Akinwumi Adesina has said.... 

App monitors spread of FAW in Africa

By: Erin Steenhoff-Snethlage     10th August 2018 The Fall Armyworm Monitoring and Early Warning System (FAMEWS) application (app) can save 300-million people in Africa from food insecurity and prevent significant economic losses in maize of up to $4.8-billion, caused by the infestation of the fall armyworm (FAW), says Food and Agriculture... 

App monitors spread  of FAW in Africa
Photo by Bloomberg
PEST ARMY The invasion of the fall armyworm is threatening the food security of 300-million people in Africa

New-configuration valve creates export potential

By: Halima Frost     10th August 2018 South African thermoplastic valves supplier Astore Keymak has placed an order for about 30 redesigned FK industrial butterfly valves (FK d90) from its Italy-based supplier Formatura Iniezione Polimeri (FIP) Valves, with first shipment expected later this year. The valves will be added to the... 

New-configuration valve creates  export potential
THE MORE THE MERRIER The new hole configuration of the FK d90 industrial butterfly valve allows for better placement

Irrigation system reduces water use in orchards by 70%

By: Erin Steenhoff-Snethlage     10th August 2018 Louirrigate’s micro drip irrigation system, Tree Hog, can reduce farmers’ water use by up to 70% in orchards, and save up to 70% of energy costs, claims Tree Hog designer and Louirrigate owner Louis Loubser, who is a wine and fruit farmer in Robertson, Western Cape.   The Tree Hog system is... 

Irrigation system reduces water use in orchards by 70%
WATER CONSERVATION The Tree Hog can reduce water consumption by up to 70%

W Cape focusing on creating certainty in agriculture sector

By: Erin Steenhoff-Snethlage     10th August 2018 The Western Cape provincial government is focusing on creating certainty for the agriculture industry by trying to ensure that farmers can continue farming and save jobs by requesting an increase in the water allocation to the industry from the Department of Water and Sanitation (DWS), says... 

W Cape focusing on creating certainty in agriculture sector
CERTAINTY NEEDED Farmers are positive about recent rains in the Western Cape, but more rain is needed to sustain recovery efforts

South Africa has significant potential for biopharming, bio economy

By: Erin Steenhoff-Snethlage     10th August 2018 Judging by the number of patent applications filed for biopharming inventions by local universities, research councils and science councils, there is significant potential for South Africa to create an industry around biopharming, claims intellectual property firm Spoor & Fisher. “Biopharming is... 

South Africa has significant potential for biopharming, bio economy
Photo by Bloomberg
BIOPHARMING POTENTIAL Maize, potato, and tobacco plants can be used in biopharming
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