Farm workers earn through carbon credit programme

Farm workers earn through carbon credit programme

Twenty-seven employees of the Spier wine estate, in Stellenbosch, have, through a climate change mitigation initiative, shared half the R204 000 paid out from carbon credits – derived from practicing regenerative farming on a section of the organically certified wine farm. An average of R4 000 was given to each worker, with those managing the […]

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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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South Africa preparing for ‘worst-case’ maize import scenario – Transnet

South Africa is laying the groundwork in case it needs to import as much as 4-million tons of maize after successive seasons of drought threaten the crop in Africa’s top producer of the grain, which is usually a net exporter. State-run ports and rail company Transet CEO Siyabonga Gama told Reuters in an interview on […]

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Drought, low prices hit Illovo Sugar H1 profits

South Africa’s Illovo Sugar said on Monday a scorching drought in crucial sugar-producing regions and low prices cut its half-year profit by nearly 60%. Headline earnings per share – the main gauge of profit in South Africa that strips out certain one-off items – for the six months to end-September fell to 71.7 cents from […]

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Smallholder farmers must adapt to survive current times

Focus on improving farm management and exploring high-yield farming methods have never been more important for smallholder farmers than at present, says FNB Agriculture information and marketing head Dawie Maree. In a statement released on Thursday, he stressed that the industry was facing its most severe drought in 23 years, among other economic challenges, therefore, […]

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