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Agroprocessing News

AGCO to take farm mechanisation into rural African communities

By: African News Agency      21st January 2019 Global agriculture company AGCO has launched an initiative to take farm mechanization deep into rural communities in Africa to facilitate food security and unlock the potential of small-scale farming. AGCO, a worldwide manufacturer and distributor of agricultural equipment, unveiled the Farm in a... 

Climate change threatens to make your morning brew more expensive

By: Bloomberg     17th January 2019 Coffee farmer Masumi Kondo wrapped himself in a cosy blanket on cool nights in the 1970s when he began growing the crop in the Franca region of Brazil’s Sao Paulo state. Now, thanks to persistently warmer weather, he needs an air conditioner. It’s not just the sleeping habits of farmers... 

Don’t hurt farmers with higher electricity tariffs, says Agri Western Cape 

By: Kim Cloete     15th January 2019 Sharp electricity tariff hikes would have a major detrimental effect on the agricultural sector, Agri Western Cape has said during public hearings into electricity tariffs. In its submission to the National Energy Regulator of South Africa (Nersa), Agri SA said high increases in electricity costs... 

Hudson appointed Tongaat Hulett CEO

By: Tasneem Bulbulia     14th January 2019 Tongaat Hulett has appointed Gavin Hudson CEO and executive director, effective February 1. Hudson was previously Beer Group president and CEO of Anadolu Efes, a company listed on the Turkish stock exchange. 

Agri-hub seen as key post-mining-economy jobs driver in west Gauteng  

By: Terence Creamer     14th January 2019 An ambitious plan to develop Gauteng’s West Rand into an agri-industrial hub, primarily producing high-value crops for domestic and export markets, is starting to take shape and is expected to be officially launched during the first quarter of 2019. The initiative has been branded ‘Bokamoso Ba... 

Agri-hub seen as key post-mining-economy jobs driver in west Gauteng
Photo by Sibanye-Stillwater
The programme is part of bigger plan to build a sustainable post-mining economy in the West Rand

Nkomazi special economic zone to boost industrialisation in Mpumalanga

By: African News Agency      8th January 2019 South Africa's 10th special economic zone (SEZ), recently designated at Nkomazi in Mpumalanga, is expected to boost the industrial development of the province, the department of trade and industry (dti) said on Tuesday. The Nkomazi Special Economic Zone will be developed as an agro-processing... 

Nkomazi special economic zone to boost industrialisation in Mpumalanga

South Africa finds foot-and-mouth disease in cattle in Limpopo

By: Bloomberg     8th January 2019 South Africa’s Department of Agriculture has quarantined an area in Vhembe in Limpopo province following positive laboratory results for foot-and-mouth disease in cattle in the district. Samples were collected during a disease investigation after reports of cattle with lameness were received, the... 

Tongaat to make CEO announcement next month

By: Creamer Media Reporter      14th December 2018 JSE-listed agriculture and agroprocessing group Tongaat Hulett is finalising the appointment of a permanent CEO and said on Friday that it would make an announcement before the end of January. Sydney Mtsambiwa is currently interim CEO, following retirement of long-serving CEO Peter Staude on... 

Dry conditions threaten 2019 maize crop – Grain SA

By: Reuters     12th December 2018 Dry conditions in the main part of South Africa's maize belt have delayed crop plantings, threatening yields for the staple food and sending prices sharply higher, the farmers lobby group Grain South Africa said on Tuesday. With the optimum planting window fast closing in the western part of the... 

KZN’s 'agricultural master plan' is key to transformation, says MEC

By: African News Agency      11th December 2018 KwaZulu-Natal’s MEC for agriculture and rural development, Themba Mthembu, on Tuesday reiterated that an “agricultural master plan” being developed would drive transformation and act as a foundation for development.   Mthembu made the remarks at an Agribusiness breakfast dialogue hosted by the... 

Rooibos tea enjoys a rosy outlook from international markets

By: African News Agency      10th December 2018 Rooibos, which is exclusively farmed in the Cederberg and Sandveld areas of the Western Cape, is fast becoming one of the most attractive agricultural products to invest in, the South African Rooibos Council (SARC) said on Monday. The SARC said that South Africa holds a competitive advantage in a... 

Measures in place to boost the Western Cape economy

By: Thabi Madiba     7th December 2018 The Western Cape economy remains relatively stable despite challenges affecting consumer spending, says Western Cape Economic Opportunities Minister Beverley Schäfer. “The province has recorded good gains in employment, and continues to record the lowest expanded unemployment rate in the country.” 

Measures in place to boost the Western Cape economy
Beverley Schäfer Growth in the Western Cape economy slowed down over the past years because of the drought that impacted on some of the province’s key sectors such as agriculture and tourism

Progress made with establishing Nkomazi SEZ

By: Marleny Arnoldi     6th December 2018 Cabinet earlier this week ratified a decision by Trade and Industry Minister Dr Rob Davies to designate the Nkomazi Special Economic Zone (SEZ) and to grant an SEZ licence to the Mpumalanga provincial government’s Department of Economic Development and Tourism. The Nkomazi SEZ will be positioned... 

Agbiz, IDC Agribusiness Confidence Index falls to lowest level in nearly a decade

By: Simone Liedtke     4th December 2018 While some subindices showed an increase from the third quarter, the Agbiz and Industrial Development Corporation’s Agribusiness Confidence Index weakened to 42 in the last quarter of the year, reflecting despondency in the sector. Subsequent to a decline from 54 to 48 points in the third quarter... 

The final frontier: who owns the oceans and their hidden treasures?

By: Reuters     4th December 2018 Ransom-hungry pirates, polar explorers, offshore oil giants - the race for the riches of the world's final frontier is on. From Thailand to Alaska, the battle to tap ever-dwindling resources from minerals to fish is spurring new conflicts over who has the right to the treasures of the deep seas. 

Cape Town households shoulder a bigger share of water restrictions so economy and business can recover

By: News24Wire      30th November 2018 Cape Town households will shoulder a bigger share of the new water restrictions to make more water available for the region’s economic drivers of agriculture, industry and tourism. This reflects a major shift in the way the region’s water is allocated, with agriculture getting a bigger share than... 

World’s largest feedlot leads South African beef export push

By: Bloomberg     28th November 2018 The world’s largest cattle feedlot is expanding South African beef exports beyond the Middle East to take advantage of surging demand in China and other Asian markets. Karan Beef's feedlot south of Johannesburg is emblematic of a push by South African agriculture to boost exports of more niche... 

Astral commits to R1.1bn in expansion projects 

By: Simone Liedtke     19th November 2018 On the back of President Cyril Ramaphosa’s recent investment drive and stimulus plan, integrated poultry producer Astral Foods has committed R1.1-billion to expansion projects over the next three years. This is the JSE-listed company’s first major expansion in its poultry division in a decade and... 

Astral commits to R1.1bn in expansion projects

Sugar maker Tongaat flags H1 loss

By: Reuters     9th November 2018 Tongaat Hulett said on Friday it expects to fall to a half-year loss as market conditions in its South African and Mozambique sugar operations weigh on revenue and operating profit. The firm said it expects a headline loss per share, which strips out certain once off items and is the main profit... 

Skyscraper farms are about to go global

By: Bloomberg     31st October 2018 High-rise indoor farms for vegetables are spreading across the world. In a suburb of Kyoto in Japan, surrounded by technology companies and startups, Spread is preparing to open the world’s largest automated leaf-vegetable factory. It’s the company’s second vertical farm and could mark a turning... 

Skyscraper farms are about to go global

Govt commits support for clothing, textiles sector and emerging farmers  

By: Marleny Arnoldi     24th October 2018 The National Treasury has, over the medium term, placed incentives for agriculture, land reform, manufacturing and research and development among its priorities for expenditure reprioritisation. The Clothing and Textile Competitiveness Programme has helped sector exports grow from R7.1-billion in... 

Govt commits support for clothing, textiles sector and emerging farmers

Tongaat warns of significant decreases in interim profit, earnings

By: Simone Liedtke     5th October 2018 JSE-listed agriculture and agroprocessing group Tongaat Hulett on Friday warned that its operating profit for the six months ended September 30, is expected to be at least 40% below the R1.4-billion earned in the prior comparable period. The company attributed the decrease to land conversion and... 

Davies to follow up on Saudi Arabia’s $10bn investment pledge

By: Simone Liedtke     1st October 2018 Trade and Industry Minister Dr Rob Davies will, this week, co-chair the eighth session of the South Africa-Saudi Arabia Joint Economic Commission (JEC), in Saudi Arabia, while simultaneously following up on Saudi Arabia’s $10-billion investment pledge to South Africa. This session of the JEC will... 

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... 

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... 

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... 

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... 

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,... 

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

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... 

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... 

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... 

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... 

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