ZAMBIA - The government of Zambia has unveiled an administrative measure on the export of maize to neighbouring and other countries, a move the Minister of Agriculture Michael Katambo said was to ensure food security in the nation, reports Lusaka Times. According to him, the measure was not a ban but a temporary strategy attributed…
ZIMBABWE - Grain Millers Association of Zimbabwe (GMAZ) has received 30,000 tonnes of wheat imported from Germany to address shortage that had seen millers temporarily cease operations, reports the Herald. The move follows foreign payments of wheat stocks by the Reserve Bank of Zimbabwe (RBZ) owed to Holbud’s Lithuanian, who had held the consignments due…
ZIMBABWE - State owned commodity trading enterprise, Grain Marketing Board has received 1.1 million tonnes in maize deliveries from farmers for the 2018 marketing season as the country moves away from grain imports, reports the Herald. According to GMB, maize deliveries were expected to reach 1.2 million tonnes given farmers were still selling their commodities…
TANZANIA - Bakhresa Group which operates one of the largest flour mill in Tanzania has suspended Kenya flour exports on changing rules and systems for exporting goods into the country. The company said frequent changes in tax rules, instituted by the Kenya Revenue Authority (KRA) have slowed its exports to Kenya and led to losses…
TANZANIA - Tanzania Livestock Research Institute (TALIRI) has rolled out a special crossbreeding programme aimed at boosting beef breeds while improving production in the country. The initiative seeks to increase the stock of Boran cattle, a popular Zebu beef breed while addressing challenges faced in beef production. Speaking to Daily News, TALIRI Director General, Dr…
MALAWI - Leading commodity market, AHL Commodities Exchange (AHCX) has procured 9,500 metric tonnes of maize for strategic grain reserves against the 32,000 metric tonnes targeted for the month. AHCX was contracted by the government through the National Food Reserve Agency (NFRA) to procure 32 000 metric tonnes of white non-GMO maize. The government released…
KENYA - The Kenya based flour milling company, Unga has reported a gainful year with revenues rising 2.3% to US$198.25 million after discontinuation of Uganda operations which contributed to losses in the previous year. According to Business Daily, profit for the financial year ended June stood at US$7.76 million comparable to a US$69,791.39 loss made…
ZIMBABWE - Zimbabwe’s largest milling company, National Foods Ltd has managed 25% rise in profits to US$17.174 million for the year ended 30 June 2018 and expects to benefit from better economic environment for its business following a new political dispensation. The group noted that this could only be possible if the ruling regime focused…
SWITZERLAND - Uzwil based technology company has in partnership with Microsoft launched MoisturePro at Microsoft’s annual Ignite Conference, a cloud based framework for digital services in the food and feed processing industry. Powered by Bühler Insights platform, the digital service can reduce energy consumption for industrial drying processes, thus checking on the customers’ energy costs…
TANZANIA - The National Food Reserve Agency (NFRA) will receive US$6.56 million from the government of Tanzania to be used for purchasing 28,000 tonnes of maize, only 2% of the surplus commodity to be purchased during the period. Since the government is only buying a small of the 970,000 tonnes it was supposed to during…
