Offering builds on scheme that pays farms for pulling carbon from the atmosphere and locking it in the soil
Department of agriculture says a deal has been struck to release cargoes in Europe, but growers body says industry still faces uncertainty and huge losses
Move comes as sugar producer expects to be unable to release annual report by end-July as it pursues restructuring
Tongaat’s share price surges 17.78% — the highest level in six months
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The world’s largest avocado grower has farms in Southern Africa, Mexico, Chile, Colombia, Peru and the US
Fears of a global recession and inflation are pushing up food prices
Piers Marsden will have broad powers to manage and fix the lopsided capital structure Tongaat’s turnaround hopes
Aid agencies warn that farmers could reduce planting of staple grains as prices of fertiliser soar
UK supermarket chains say the Russia-Ukraine war has throttled supplies of sunflower alternative
Farmers stopped buying when prices shot up, but they have dropped now
Some investors opposed to a takeover bid have urged Tongaat Hulett to consider approaching banks to convert its debt to equity or to sell assets
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Board says interim CEO Neville Brink will take on the position permanently
Fishing group cites ‘strained relations’ after auditor quits days before release of interim results
Headline earnings fell by more than a third as input costs and general economic pressures on consumers increased
Acquisition includes vessels, licences and fishing rights and further reduces the group’s reliance on local fishing grounds
Von Zeuner, appointed in 2019, will remain on the board until the end of June, and will be replaced be lead independent director David Noko
The company expects a leg up from a bumper apple, pear and citrus crop
The company’s share price gained the most in two weeks on Tuesday — up 4.14% to R45.05
