Markets
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Tongaat CEO seeking to freeze payments on $790 million of debt
Tongaat Hulett Ltd. is asking 10 lenders for a break from payments on as much as 11 billion rand ($790 million)…
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Cocoa’s OPEC moment puts world market on track for boom and bust
The world’s two biggest cocoa producers are taking unprecedented steps to exert more control on the market in a bid…
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Botswana has huge potential in beef sector
There is real opportunity to develop the beef sector and grow foreign exchange revenues accruing from the sector, says permanent…
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Coffee farmers meet in Brazil amid crisis, seek alternatives
Organizations representing coffee farmers from around the world will meet next week in Brazil as the sector faces one of…
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Uganda’s fall in exports forces sugar prices to drop
A reduction in the export volume of sugar has led to a significant drop in sugarcane and sugar prices from…
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Extreme weather is shaking up Africa’s corn trade
At least three African nations will need to import more corn this year after extreme weather from cyclones to drought…
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Ivory Coast says minimum cocoa price needed to draw new growers
Ivory Coast’s move to implement a fixed minimum cocoa price will entice more younger farmers to plant the beans after…
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Top cocoa growers halt sales amid drive to agree minimum price
The world’s two biggest cocoa producers halted sales for the harvest that will begin in October 2020, pending an agreement…
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