LATEST NEWS
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Food Index surge in July on the back of collapsed Black Sea grain deal, India’s ban on rice exports-FAO
GLOBAL – The FAO Food Index report, which is compiled by the Food and Agriculture Organization of the United Nations, climbed 1.3% in July compared…
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Sarrai Group subsidiary Ustawi Grain Millers acquires TSS Millers
KENYA – Ustawi Grain Millers Limited (UGML), a subsidiary of Sarrai Group has acquired the assets of Mombasa-based Tahir Sheikh Said Grain Millers Limited (TSS)…
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Zambian Food Reserve Agency to buy 2.6M bags of maize from farmers in Muchinga
ZAMBIA – the Food Reserve Agency (FRA) is targeting to buy about 65,000 metric tonnes (2.6 million x 50 kg bags) of maize from farmers…
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Zimbabwe’s Seed Co restructures its business model to cope with impacts of exchange losses
ZIMBABWE – Zimbabwe’s largest seed producer Seed Co Limited is on course of restructuring its business model in a bid to offset the adverse impacts…
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Bunge’s second quarter 2023 financial results reveal impressive performance in the agribusiness unit
USA- Commodity trading giant Bunge Limited has reported its second-quarter 2023 results, revealing an EBIT of US$785 million in its agribusiness unit, which is up…