South Africa’s agricultural economy started the year on a bad footing, contracting by 13.2% on a quarter-on-quarter seasonally-adjusted annualised rate (q/q saar). This came as a surprise as we expected a positive reading on the back of improvement in some horticultural subsectors, and the winter crops harvest.
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“Free State Agriculture (FSA) expresses serious concerns about the outbreak of anthrax in Lesotho. This could have catastrophic consequences for the meat industry in the province,” said Francois Wilken, President of FSA, after an outbreak of the disease near Maseru in Lesotho was confirmed.
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As we welcome a new Minister, Ms Thoko Didiza, to the now amalgamated Department of Agriculture, Land Reform and Rural Development, it is important to assess where we currently stand with regard to Land Reform. Land reform is a complex and emotive subject, but critical that it is implemented in a manner that does not compromise the optimal functioning of the commercial land market and creates the opportunity to broaden ownership.
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South Africa’s maize supplies for the 2018/19 production year are shaping up better than we previously feared at the beginning of the year when dryness in the western parts of the country led to delayed plantings. Figures released by South Africa’s Crop Estimates Committee earlier in the afternoon show that 2018/19 maize harvest could amount to 10.9 million tonnes, which is a 2% increase from last month’s estimate.
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Dr. Matthew C. Roberts prepared this report for the Johannesburg Stock Exchange as published on 15 May 2019. The report takes a look at the economics of futures markets, what has changed since 2009 and makes recommendations for commodity futures delivery on the Johannesburg Stock Exchange.
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NAMPO 2019 was characterised by good weather and 81 345 visitors who attended the trade show and popular gathering place for people involved in agriculture. As quite a number of grain producers in the interior were holding their breath about early frost that could affect crop yields, the relatively warm weather up to the week of NAMPO was welcomed.
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The Senwes Group and the KLK independent board refer the Senwes Group shareholders and the KLK shareholders to the announcements of respectively 11 March 2019 and 30 April 2019 regarding the offer made by the Senwes Group to KLK Shareholders (“the Offer”) and hereby confirm that the Offer closed on 16 May 2019 at 12:00 (subject to the provisions of regulation 105(5)(b) of the Companies Regulations, 2011 ("Regulations") as referred to below in this announcement).
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- 30 April 2019
- Senwes
- 2693
The Senwes Group and the KLK independent board refer the Senwes Group shareholders and the KLK shareholders to the announcement of 29 March 2019 regarding the Offer made by the Senwes Group to KLK Shareholders (“the Offer”) and hereby confirm that, in accordance with the suspensive condition in terms of the provisions of the Offer, the Competition Tribunal has approved the merger (as defined in section 12 of the Competition Act, 1998), between KLK and the Senwes Group as from 29 April 2019.
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- 23 April 2019
- Fairplay
- 1987
A South African consumer watchdog that used to be against predatory trading practices like dumping has apparently switched sides. In what appears to be a negation of its own position, the SA National Consumer Union (SANCU) has now lent its name to the campaign of Emerging Black Importers and Exporters South Africa (EBieSA) on behalf of Brazilian chicken exporters.
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Thought raisin's market consists only of packets of raisins sold in chain stores? Think again. The episode, which centered on raisins brought up some interesting facts that will make you sit upright and pay attention.
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If you thought you knew all there is to know about the grain maize and starch industries, the first episode of the brand new Nation in Conversation season would have been a welcome eye-opener. It was so interesting; it was like reading the maize encyclopedia.
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The exciting 2019 Nation in Conversation series kicks off this Thursday, 4 April 2019 with the opening program focusing on maize and more specifically, the starch industry.
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- 29 March 2019
- Senwes
- 1640
Issue of the combined general offer circular and prospectuses to KLK shareholders
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The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) issues statement maintaining repurchase rate.
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- 18 March 2019
- Senwes
- 1961
Senwes Group CE Francois Strydom hosted a meeting at the Senwes Head Office in Klerksdorp on Friday, 15 March 2019 with a group of the livestock industry’s most influential producers. Johan Dannhauser, Brian Angus, John Devonport and Gideon Oosthuizen share their impressions following the meeting.
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This year’s Senwes Spinners Cricket Tournament is taking place from Friday, 15th – 17th March 2019. The Senwes Spinners Farm School Project indicates the believe, support and commitment of Senwes to “Breaking New Grounds” in terms of impacting positively in the lives of their rural communities.
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The 13th annual Senwes Spinners cricket tournament takes place from 15 March – 17 March 2019 with the final taking place at Senwes Park in Potchefstroom.
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- 11 March 2019
- Senwes
- 1376
The Senwes Group, in terms of regulation 104 of the Companies Regulations, 2011, has resolved to increase the consideration payable in terms of the Senwes Offer to a cash consideration of R19.50 per KLK share (previously R18.50), alternatively, and in any combination, 1.5 Senwes shares for each KLK share and/or 2 Senwesbel shares for each KLK share (previously 1.4 and 1.8 respectively).
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Following a very successful precision farming congress in 2016, the School of Agricultural Sciences at the North West University, Potchefstroom campus will be hosting another precision farming congress on Thursday, 4 April 2019.
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On 1 February 2019 Senwes answered AgriSA’s call to “braai the farmers’ problems away” by initiating a social media call to action which saw the leading agri-company’s staff hosting braais on company premises.
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This year’s Budget Speech comes against the background of tough macroeconomic conditions, characterised by weak economic growth, less effective tax administration and collection, and rising demand for government expenditure, amongst other factors.
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Shareholders of KLK ("KLK Shareholders") are referred to the announcement by KLK of 18 December 2018 regarding the firm intention by the Senwes Group to make an offer to KLK Shareholders, as described in that announcement ("Senwes Offer").
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With the next few months at Senwes Park fully packed with non-stop cricket action, you, your friends and family won’t have any time to be bored this Summer.
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- 30 January 2019
- Senwes
- 12158
Leading Agri-company, Senwes has laid out a challenge to all South African companies, to answer the call to assist farmers who are suffering the conditions of drought and a drop in red meat prices. AgriSA recently called on South Africans “to braai the famers problems away.”
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It is with sincere regret that we have to announce the postponement of the upcoming Senwes Expo 2019, which had been scheduled for 29 and 30 January 2019 at Nampo Park near Bothaville.
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Dan is hierdie strategiese bestuursprogram net die regte medisyne vir jou boerdery.
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- 14 December 2018
- Senwes
- 3898
An announcement of a firm intention by the Senwes group to make a general offer to acquire all of the issued ordinary shares of KLK Landbou Limited (“KLK”).
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Senwes, one of the largest agri-companies in South Africa, announced its interim financial results for the six months ended 31 October 2018.
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Eleven years ago an idea to treat local children from institutions aimed at child care for abused, special needs and abandoned kids, to a Christmas party arose. It began with three institutions - House Rethabile, House Adonai and Matlosana Childcare in Klerksdorp.
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Hosted by Senwes and its partners, the project started 11 years ago when Senwes staff wanted to make a positive difference in the lives of the less fortunate children and differently-abled persons.
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- 07 August 2018
- Senwes
- 3236
Close to 8000 people attended the Bultfontein Boertjiefees last year, which marked the return of the festival after a hiatus in 2016 due to the drought.
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- 03 August 2018
- Senwes
- 4659
The 15th Senwes Future Focus will this year be held on the 5th of September at Nampo Park. The day, in collaboration with Agri NW, Free State Agriculture and Grain SA kicks off at 08:00 and focuses on the importance of personal development in agriculture.
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All farm roads will lead to Limpopo on 23 and 24 August 2018 when some of the country’s leading authorities on South Africa’s Land debate will gather near Bela Bela to discuss this contentious issue.
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- 20 July 2018
- Sponsored
- 2030
Die feesspan kondig met groot opgewondenheid aan dat Aardklop 2018 se feesprogram op 17 Julie in Potchefstroom en 18 Julie in Johannesburg bekendgestel word.
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Senwes personeel het voorwaar hul deel gedoen tydens gister, 18 Julie, se vieringe van Mandeladag, die dag waarop Nelson Mandela 100-jaar oud sou word. Personeel het die oproep van die oud-president, om 67-minute van onbaatsugtige diens te lewer, uitgeleef deur besoek by minderbevoorregtes van verskeie instansies in en om Klerksdorp af te lê.
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Senwes personnel rose to the occasion yesterday in recognition of Mandela Day on July 18, the day that Nelson Mandela would have turned 100. Staff answered the former South African president’s call for 67minutes of selfless service to those less fortunate at various institutions in and around Klerksdorp.
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Die Agri Securitas Trustfonds het onlangs geld vir die beskerming van boere en hul plaaswerkers, deur gespesialiseerde tegnologie, bewillig. Dié geld van die Trustfonds en boere se planne help hulle om hulself en hul plaaswerkers teen misdaad en geweld te beskerm.
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Senwes’ agri financing managers, whole good marketers, grain procurers, agri business managers, area managers, branch managers and support staff are taking time off to say a special thank you to our clients over the next few weeks in the form of a braai on their farms.
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In the financial year 2017/18, Senwes handled and stored the largest maize crop ever produced in South Africa. Based on the above, the profit after tax increased by 86%, from R167million in 2017 to R311million in the 2018 financial year.
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- 21 June 2018
- MagGrow
- 1905
MagGrow and Senwes have announced a three-year partnership to distribute MagGrow technology in Central South Africa. The announcement was concluded on 10 May 2018. Both companies are excited to introduce the technology to crop growers in South Africa.
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The Senwes graduate program is an excellent example of the company’s efforts to grow its own timber. By employing young graduates, supporting their growth and teaching them new skills while polishing their existing ones, the program is designed to shape newly acquired talent into the kind of employees that will be able to carry out the company’s vision.
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Senwes Grainlink received a Silver Award for its innovative and unique stand at Nampo 2018.
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Senwes, a major role-player in the local agricultural commercial sector, and SGS has successfully concluded a co-operation agreement in terms of which the service delivery to customers of both these entities is to be substantially enhanced.
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A new record attendance figure achieved during NAMPO 2018 and the feedback from the exhibitors that they mainly did good business testify to the optimism of the agricultural sector despite all the uncertainties facing South African producers.
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Agri SA is pleased to announce that Senwes will continue funding the Smart Agriculture Risk Management Desk.
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The winner of the 12th annual Senwes Spinners Farm School cricket tournament is Dr Sello Primary School. The Free State boys beat crowd favourite Phakela Combined School by just 15 runs in a tense finish on Saturday 12 May 2018.
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Senwes Credit proved itself as a cornerstone of the Senwes business model over the past decade and continuously strives to rendering a better service and value proposition to customers.
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- 03 April 2018
- Senwes
- 4079
Senwes’ new TV commercial captures the “goodwill that still exists between ordinary people, it reminds us that ordinary people can do extraordinary things… its small things like these that can create a wave that no one can foresee or stop.” So says Francois Strydom, Senwes Group CEO, about the company’s new television commercial due to hit the small screen in April 2018.
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- 26 March 2018
- Senwes
- 1884
Winter is slowly creeping in and Ferdie Pieterse: Senwes Equipment Managing Executive has some handy tips on how to ensure that your Equipment survives this Winter.
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