Tongaat crashes 33% on news it may need to restate results

The embattled sugar-producer is doing a strategic review as it battles high debt levels, saying on Friday ‘certain practices” had come to light

China soya bean imports from US rise in January

Limited buying resumes after the two countries agreed to a trade truce on December 1

What Tongaat plans next after ‘appalling’ annual loss

Share price and market value fall as company says sugar sales are under pressure due to oversupply and the sugar tax

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Tongaat plunges on dire profit warning

Shares in the group closed 20.41% lower at R37.01 on Friday afternoon. In September 2014, it rose above the R170 mark

Israeli food group offers R4.8bn for Clover

A consortium called Milco is offering the SA food producer’s shareholders R25 per share

Farmers warn of crisis as heat stress threatens crops and livestock

As little as 60% of available land was planted this season and those crops are being threatened by heat stress, Grain SA warns

SA in danger of losing its tobacco-growing industry

British American Tobacco Southern Africa points out the deteriorating market conditions for the tax-paying portion of the industry

SA poultry industry wants hefty increase in tariffs to protect local industry

SA Poultry Association says cheap imports from Brazil are hurting the local industry and costing jobs

Poultry industry can create 30,000 new jobs, says organisation

SA Poultry Association says more people can be employed with right support measures from the government and curbing of imports

Hard Brexit expected to hit Danish bacon, butter exports to Britain

Organisation for Economic Co-operation and Development says food imports from Denmark will drop by about 24% if the UK exits the EU without a deal

Former SABMiller executive takes the helm as Tongaat’s new CEO

John Gavin Hudson will spearhead group strategic review, the sugar producer says

Hiking import tariffs will hurt SA, says Brazilian poultry association

Local chicken producers have applied for an increase in a bid to rescue their industry

TWK Investments aims to secure supply with forestry acquisition

TWK Investments is in talks to buy an 11,000ha forest in Mpumalanga and KwaZulu-Natal

Kaap Agri banks on growth of wheat harvest to bag bigger profit

Storage subsidiary Wesgraan has already received 88% more wheat than in the past year

Karan Beef cashes in on exponential growth in demand from China

The Karan family accepted a R5.2bn offer from the PIC over a R6bn offer from Chinese investors who wanted to export all of its meat

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.