AMSA confirms another round of steel price increases from May 1

AMSA confirms another round of steel price increases from May 1

Steel producer ArcelorMittal South Africa (AMSA) has confirmed yet another round of price increases on both flat- and long-steel products, announcing average increases of 10% from May 1 and reinforcing what has become an established pricing trend since the start of 2016. However, acting CEO Dean Subramanian has again insisted that the latest increases have […]

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GWK invests R400m in Northern Cape agriprocessing facility

Farmer-owned agribusiness GWK on Monday unveiled its R400-million GWK Farm Foods wheat mill, pasta plant and biscuit factory in Modder River, the Northern Cape, which was was completed on time and within a deviation of less than 2% of original cost projections.   Of the R400-million, R60-million was invested in expanded silo capacity to service […]

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Milk price expected to surge, warns economist

While consumers continue to grapple with high food prices triggered by the current drought and the ailing economy, milk will soon be added to the list of costly staple foods, according to FNB senior agricultural economist Paul Makube.   In a statement published Tuesday, Makube noted that dairy farmers were facing production shortages and would […]

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