Agribusiness group Zeder has opted to hold on to its interim dividend due to Covid-19 uncertainty, though it says climactic conditions are looking favourable for SA’s agricultural sector.

The Western Cape saw good winter rainfall, the group said, while above normal summer rains are also expected. In spite of this, the group has opted to hold on to its cash due to economic uncertainty, while it also had paid out a R3.9bn special dividend in April...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now