Astral CEO blasts government priorities as water cuts halve production

Astral says worsening municipal infrastructure in the Lekwa municipality has led to water-supply interruptions at its plant there

Halo Labs buys Lesotho cannabis producer Bophelo for R262m

Transaction is expected to strengthen Canadian company’s position in the mountain kingdom

Kenyan toilet waste turned into fodder for egg farmers

Recycling company harvests human excrement for high-quality animal feed

Embattled Tongaat board under whip after unprecedented JSE reprieve

JSE suspends Tongaat Hulett listing for at least five months

BL PREMIUM
PROFILE: Anna Phosa thrives as a pig farmer

Phosa says she went into farming with a passion and acquired the knowledge along the way

Tongaat needs to restate results after finding inflated figures

The group may have to reduce the equity on its 2018 balance sheet by up to R4.5bn, with its results probably only being released by October

‘Collapsing municipality’ costs Astral Foods R85m, threatens jobs

The poultry producer says it has incurred multimillion-rand costs as Lekwa Municipality cannot render reliable water supply

BL PREMIUM
Astral’s shares plunge on cost of water issues in Standerton

Poultry producer says the deterioration of the municipal water supply has worsened

Tongaat corporate governance director leaves beleaguered group

The troubled firm cites work commitments for Jenitha John's departure

Tongaat reaches agreement with bankers on long-term sustainability

Bankers have agreed to waive their rights to loan repayments in exchange for additional security for their loans

BL PREMIUM
Tongaat Hulett seeks standstill agreement with lenders

Struggling sugar and property group says it has wrapped up a waiver and undertaking deal relating to its SA debts

EXCLUSIVE: RMB and Nedbank will not be involved in Tongaat’s operations

RMB CEO James Formby says the bank has no plans to seek board representation

BL PREMIUM
RMB and Nedbank take a majority stake in Tongaat

Sugar company forced to unwind its heavily indebted broad-based empowerment scheme

Swine fever spreads to Free State, the fourth province in SA

The diseases was detected in the North West, Mpumalanga and Gauteng in April

Fuelling Kaap Agri’s top-line growth

Agricultural services group has been aggressively acquiring new fuel sites, which has helped revenue grow 45%

Kaap Agri pushes to three-week high as revenue recovers

The agriculture group lifts dividend 4.7% as half-year revenues grow 28.7%, with analysts expecting a much better second half

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