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Farming Economics News
Land Bank offers drought-affected farmers relief measures
By: Mia Breytenbach 30th March 2016 State-owned specialist land and agricultural financial services provider Land Bank has called on farmers in drought-declared provinces to apply for concessional loans, raised by the bank from the Industrial Development Corporation (IDC), to help ease the effects of the drought and return to... →
Expected decline in sugar cane crop
By: Simon Sonnekus 25th March 2016 The drought in the eastern part of South Africa will lead to a projected decline in sugar production of 500 000 t, says South African Sugar Association (Sasa) executive director Trix Trikam. “The strategic crop, which is grown in Mpumalanga and KwaZulu-Natal, yields an average of 2.3-million tons... →
Drives provide maximum capacity for mills
By: Simon Sonnekus 25th March 2016 The South Africa branch of German engineering company SEW Eurodrive is focused on producing energy efficient drives that can maximise the load and capacity of mills and refiners in the sugar industry. “A key point in the sugar industry is its need for motors and gearing solutions to provide... →
Sugar mill focuses on skills development
25th March 2016 South African sugar producer Illovo Sugar’s new technical academy located at the Eston sugar mill, in KwaZulu-Natal, will soon see large portions of the company’s agricultural, factory and management personnel attend a combination of intense in-classroom and on-the-job training to deliver... →
SKILLS DEVELOPMENT The academy also presents the opportunity to extend the company’s agricultural programmes
Drought, low oil price weighing down ethanol industry
By: Simon Sonnekus 25th March 2016 The ethanol industry in South Africa remains lacklustre, owing to various issues, including low Brent crude oil prices, the persisting drought in the sugar cane-producing regions and the lack of policy implementation, says Ethanol Producers Association of Southern Africa chairperson Peter... →
DETREMENTAL DROUGHT The end of the current drought will ensure crop production is restored fully
Sugar mill to bolster operations with broad upgrades
25th March 2016 Durban-based sugar producer Umfolozi Sugar Mill have set its sights on producing a higher grade of sugar by introducing a new distributed control system (DCS) as well as upgrading several of its systems for the 2016/17 season. The company has invested in the multimillion-rand system from... →
MORE SUGAR IN THE BAG Combined results of upgrade projects at Umfolozi Sugar Mill is expected to increase the overall recovery to an additional 600 t of sugar in the bag
5.7% decline in half-year revenue for sugar producer
25th March 2016 Agriculture, agroprocessing and sugar producer Tongaat Hulett has noted a 5.7% decline in half-year revenue, generating an operating profit for the 2015/16 sugar season. The sugar season, which runs from April 1 to March 31 yearly has been beleaguered by drought during the current season which... →
STRUGGLING MARKET Tongaat Hulett’s various sugar operations’ revenue totalled R5-billion up until September
Bittersweet report leads to prompt response from sugar company
25th March 2016 A report regarding sustainability issues in sugar cane production by the independent, not-for-profit research and network organisation Centre for Research on Multinational Corporations (SOMO) has rapped the Malawian division of South African sugar producer Illovo over the knuckles over issues... →
Electrolysers efficient energy alternative in sugar industry
25th March 2016 With electrolyser proving to be an efficient source of energy in the sugar industry, Tshwane-based specialised engineering company RTS Africa Engineering believes that the use of hydrogen in electrolysers is potentially the energy carrier of the future. Electrolysis is the process of splitting... →
Southern Africa to face severe food crisis, high staple food prices by September
By: African News Agency 24th March 2016 The Famine Early Warning System Network (Fewsnet) has warned of severe food insecurity across the Southern Africa region in 2016-2017 after two years of consecutive drought which have limited crop production. In a new special report entitled “Illustrating the extent and severity of the 2015-2016... →
Land reform, agriculture developments on track – Zokwana
By: Megan van Wyngaardt 4th March 2016 Implementation of government’s agriculture and agroprocessing value-chain policy revitalisation programme has started, with 27 proposals received from commercial farmers for land reform allocation, Agriculture, Forestry and Fisheries Minister Senzeni Zokwana said in a Parliamentary reply. In a... →
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