The Senwes and Senwesbel annual general meetings were held yesterday, 22 August 2019, at The Barn conference venue, Senwes Head Office in Klerksdorp. Non-executive director Simon Mohapi opened the meeting with the message that we are finding ourselves in very uncertain times while attempting to rebuild the country. The strategy and results were presented by Senwes Group CEO, Francois Strydom, and Senwes Group CFO, Corné Kruger.
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The Senwes Group has been serving the agricultural and food sector for more than 110 years. This service offer was expanded over the past 110 years with innovative solutions to the integrated business model on which Senwes depends today to make a meaningful contribution to food security in South Africa.
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“The Agricultural Business Chamber (Agbiz) has noted the release of the report by the Presidential Land Reform and Agriculture Advisory Panel for public comment today. Agbiz will study the report and its recommendations in detail and respond according to its mandated policy positions on land reform and agriculture,” Dr John Purchase, CEO of Agbiz, said today.
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In her first policy speech as Minister of Agriculture, Land Reform and Rural Development, Thoko Didiza’s message was centred on the ethical and efficient implementation of the department’s programmes, as well as the collaboration with stakeholders in the sector. Although it was her first policy speech, it, however, cannot be read as a blueprint of the department for a number of reasons that we outline below.
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Thursday, 18 July 2019, was the tenth celebration of International Nelson Mandela Day, Madiba's birthday. As usual, Senwesters committed themselves to a 67-minute action which will bring about a sustainable change in the community.
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Senwes is trots om ‘n vennoot te wees tydens die 67 Minute Krieket vir Madiba wat op Vrydag, 19 Julie 2019 by die Laerskool Wolmaransstad sal plaasvind.
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Dié egte plattelandse fees, in samewerking met Senwes, vind vanjaar op 30 en 31 Augustus plaas en is belaai met kompetisies, vermaak vir oud en jonk, musiek vanaf die Senwes uitsaai-eenheid, ‘n pretpark vir die kleingoed, kontantkroeg en hope stalletjies te kies en te keur.
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Senwes advises shareholders that it will mandate an independent broking firm to effect the repurchase via a subsidiary of Senwes, of ordinary shares in Senwes (“Senwes Shares”) through ZAR X from 3 July 2019 until 31 March 2020, or until such time that the repurchase consideration has been expended, or 2,34% of the issued shares have been repurchased, whichever occurs first (“the Repurchase Programme”). The Repurchase Programme is being implemented in order to provide all shareholders with a value unlocking opportunity, at their voluntary election.
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Use Senwes Credit’s E-Buro service when doing economic analyses of your production season. This helpful service also assists with market comparisons regarding the profitability and technical efficiency of your farm business. Senwes E-Buro can also help to determine the most profitable segment and the desired average (R/t) breakeven price regarding proactive grain price management.
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Die nuwe nitrofosfaataanleg op Sasolburg wat die landboumaatskappy Omnia Nutrilogie™ onlangs in produksie gestel het, is ’n belegging van R695 milljoen in die landbou. Die produk wat die aanleg lewer sal as fosfaatbron in die maatskappy se kunsmis-verkorrelingsaanleg gebruik word.
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