SOUTH AFRICA – Clover says headline earnings per share for the year to June are expected to be 50% to 65% down from 2016 as “stagnant and falling” selling prices and rising input costs are forcing it to make difficult decisions about long-term growth.
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SOUTH AFRICA – Labour federations have called on the National Treasury to revisit submissions and engage meaningfully on the contentious sugar tax now that its implementation has been deferred.
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KENYA – Milk production dropped by 17.5 per cent in the first five months of 2017 forcing the government to allow tax-exempt milk powder imports to stabilise prices.
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GHANA – Ghana is targeting to export 200,000 tonnes of cashew, by 2027, Mr Eric Amoako Twum, the Deputy Chief Executive Officer of the Ghana Export Promotion Authority (GEPA) has said.
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SOUTH AFRICA – Distell Group on Thursday released its results for the full year ended 30 June 2017, declaring a total dividend of 379 cents per share.
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WORLD – From cocoa to tea food and drink giants are setting their own standards for ethical sourcing of raw materials and moving away from third party labels such as Fairtrade.
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