Sweet relief for Tongaat as turnaround takes hold

The agriprocessor says it expects to report a 200% jump in operating profit even as it battles conditions in Zimbabwe

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Tongaat Hulett sells agribusiness in Eswatini for R375m

The sale of the country’s largest independent sugar estate comes as Tongaat seeks to reduce debt by R8.1bn by March 2021

Oceana defers interim dividend due to Covid-19 uncertainty

The group, which previously paid out R144m in dividends, has warned that the Covid-19 pandemic may still have some unforeseen effects in some of its operations.

Kaap Agri keeps an eye on balance sheet and holds on to dividend

Agriculture group implements measures to save cash as interim group profit rises 7.4%

WATCH: How Covid-19 is affecting the agriculture sector

Agriculture Business Chamber chief economist  Wandile Sihlobo talks to Business Day TV about the effect of SA’s lockdown on the agriculture sector

Zeder expects profits to almost halve due to Joy Wing Mau disposal

The agribusiness group disposed of its investment in the Chinese fruit distributor in 2018

Tongaat to sell starch business to Barloworld

The sugar producer wants to cut debt by R8.1bn by March 2021

Tongaat offloads Umhlanga property for R167m

The embattled sugar producer, which is urgently trying to reduce debt, has sold property to Balwin

Sea Harvest says profits will jump after new acquisitions

The fishing group expects headline earnings to rise after a strong performance from its operations and new acquisitions

Tongaat Hulett in talks to sell starch business

The sugar producer wants to reduce its SA debt by R8.1bn by March 2021 and is considering an equity raise

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Higher chicken prices and jobs bloodbath will follow trade protection, says association

Importers and exporters say higher duties on chicken imports will be futile as local industry is unable to meet demand

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Tongaat shares crash by two-thirds as investors jump ship

Shareholders push the shares down 67% to a record low as the scandal-hit agri-processing company resumes trading

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Tongaat Hulett’s share to resume trading on JSE on Monday

The embattled sugar producer says it is struggling to reduce its SA debt through earnings from that market

Tongaat eyes returns from farmland transformed by developers

Had agro-processing company kept stakes in plots sold around burgeoning areas, its dire situation would be much different today

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Tongaat wants JSE to lift suspension

The embattled sugar producer requested that trading in its shares be suspended in June, as it grappled with accounting irregularities

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