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Agribusiness

Astral Foods diluted earnings plunge

May 13 2013 08:14

Poultry producer Astral Foods has reported an 82% plunge in diluted headline earnings per share to 94 cents in the six months ended March 2013.

Agribusiness

Rainbow‚ Foodcorp deal gets the nod

Apr 25 2013 19:17

The Competition Tribunal has approved Rainbow Chicken’s acquisition of a 64% interest in Foodcorp with conditions‚ which were not immediately available.

Agribusiness

Danone sales boosted on baby food demand

Apr 16 2013 10:21

French food group Danone says the high demand for baby formula in China helped lift sales by 4.3% in the first quarter of the year to €5.3bn.

Agribusiness

Danone pulls dairy products

Mar 18 2013 18:32

French food industry group Danone has withdrawn some of its dairy products for sale in Romania following the contamination of milk.

Agribusiness

Watchdog acts on pork in halaal foods

Mar 15 2013 19:35

A police complaint will be lodged against a food company after finding up to 30% of pork in its halaal-labelled products, says a Norwegian food safety body.

Agribusiness

Land Bank CEO to step down

Mar 14 2013 10:44

Phakamani Hadebe will step down as CEO of Land Bank when his contract expires in December‚ the ministry of finance says.

Agribusiness

Zim to conduct DNA tests on SA meat

Mar 04 2013 13:15

In the latest twist in the meat scandal, Zimbabwe is planning stringent measures on meat imports from SA to curb potential spread of contaminated products.

Agribusiness

Clover and Nestlé SA unveil new entity

Mar 01 2013 11:32

Clover Industries and Nestlé SA has announced the formation of the new entity‚ called Clover Waters.

Agribusiness

Country Bird‚ IFC in talks over funding

Feb 25 2013 08:53

Country Bird says it has entered into negotiations with the International Finance Corporation to secure funding to expand its footprint in Africa.

Agribusiness

France acts on firm in horsemeat scandal

Feb 22 2013 18:45

French firm Spanghero, at the heart of the horsemeat scandal rocking Europe, is stopping the wholesale trade of frozen meat pending investigations.

Inside Fin24.com

 
Agribusiness

Pioneer Foods appoints new CEO

Feb 22 2013 12:23

Pioneer Food Group has announced the appointment of Phil Roux as its new chief executive officer‚ replacing longstanding Andre Hanekom.

Agribusiness

Danone to slash 900 jobs

Feb 19 2013 17:54

Danone says it would cut 900 management and administration jobs across Europe as it reported a flat net profit for 2012 of €181bn.

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