Sea Harvest reports profit fall amid demand shift

The group shifted its product mix amid the Covid-19 pandemic, which weighed on profits somewhat

WATCH: Why the FSCA fined Tongaat

Financial Sector Conduct Authority divisional executive for enforcement Brandon Topham talks to Business Day TV

Market brushes off Kaap Agri’s quarterly decline in revenue

Kaap sees signs of green shoots but warns ongoing Covid-related uncertainty does not bode well for the remainder of the financial year

Nigeria’s central bank stops forex access for maize imports

The move is the latest effort by the central bank to shore up local agriculture and manufacturing

Quantum Foods’ directors buy R20m in shares amid interest by third parties

The group has seen a number of entities expressing interest in upping their stakes in the egg producer

Crookes Brothers holds dividend as profits drop

The agricultural group has decided to withhold its dividend after a poor performance from its macadamia and deciduous fruit divisions

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

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