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…
ZIMBABWE - Agricultural Marketing Authority (AMA), the government’s marketing agency plans to raise US$75 million for the purchase of maize from farmers in 2018 season, reports the Herald. The agro-bills which have a tenor of 360 days and interest rate of 7% per annum would be used for the purchases through the Grain Marketing Board…
ZIMBABWE - The cereals and oilseeds commodity trader, Grain Marketing Board (GMB) of Zimbabwe has received 896 273 tonnes of maize and 21 750 tonnes of small grains for the past crop season. The Herald reports the volume was a result of measures put in place by the parastatal to ensure smooth deliveries of the…
KENYA - The government of Kenya has drafted guidelines and standards governing the blending of maize and wheat flour by millers to strengthen the nutritional components of the products, reports the Nation. According to a Kenya Bureau of Standards (KEBs) technical team, the ministry of agriculture wants all flour to be blended by crops like…
