Markets
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South Africa’s wool sector has $325 million question for China
South Africa’s wool industry is on tenterhooks as exporters seek clarity on a Chinese ban on imports of the fiber…
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South Africa’s Omnia prices $130 mln rights issue
South African chemicals and fertiliser maker Omnia Holdings priced its 2 billion rand ($130 million) rights issue at 20 rand…
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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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