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 […]
Continue ReadingSasol sees low oil prices persisting to 2017, but expects strong upswing by decade’s end
Energy and chemicals group Sasol reported a 17% fall in headline earnings to R49.76/share in the year to June 30, 2015, with a strong operational performance offset by a sharp weakening in market conditions, including a year-on-year oil price decline of 33%. Outgoing President and CEO David Constable indicated that the group expected oil prices […]
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