Food makers buckle under drought, rand pressure

2016-01-18 10:59

SA’s worst drought on record, a plunging rand and debt-laden consumers are forcing food producers to sacrifice profits for affordable prices and market share.

Pioneer Foods to buy 50% of Futurelife

2015-04-23 13:31

Fast-moving consumer goods company Pioneer Food Group has entered into a joint venture to access the growing functional food industry.

Zeder to make offer to Pioneer stakeholder

2014-06-20 17:02

The listed agri-investment company Zeder Investments intends to make an offer, subject to certain pre-conditions, to Agri Voedsel’s minority shareholders.

Pioneer Foods to spin off Quantum unit

2013-09-05 20:22

Pioneer Food says it intends to spin off its Quantum Foods unit by listing it in Johannesburg within the next 12 months.

Final bid for bread class action suit

2013-05-08 16:09

Bread distributors have launched a final effort to institute a class action case against Pioneer Foods, Tiger Brands and Premier Foods, a report states.

Pioneer Foods MD to retire

2012-10-16 12:01

Pioneer Food Group has announced the retirement of André Hanekom as group managing director with effect from 31 March 2013.

Oceana fined R35m for price-fixing

2012-05-09 13:21

The Competition Commission has fined the Oceana Group R35.7m, in the latest of a series of price fixing findings, the commission says.

Should minorities rejoice or worry?

2011-07-28 00:00

The not entirely unexpected “resignation” of Thys Loubser as CEO at KWV Holdings might induce mixed feelings among the vociferous minority shareholders in the Paarl-based liquor group.

Strike hits food producer

2011-07-15 07:59

Some 2 000 workers are striking at Pioneer's Sasko unit, which produces brands like White Star maize meal and Spekko rice.

Give us this day

2011-06-02 00:00

It’s easy to not like this company. After the price-fixing scandal on Sasko bread (now being paid off) executives should lower their heads in shame. Very low.


SHARE WATCH: Focus on food firms as SA braces for price hikes

2015-12-04 08:45

Overberg Asset Management analyst Kirk Swart focuses on shares of South African food and agricultural companies in this week's five shares to watch.

Pioneer eyes separate listing for Quantum

2014-09-05 14:14

Pioneer Foods has announced plans to spin off its Quantum Foods unit, with the aim of listing it as a separate entity on the JSE.

Milling firm wins case against Pioneer Foods

2014-03-18 14:02

A Free State maize milling company has won a case in the Supreme Court of Appeal against food giant Pioneer Foods in a trademark dispute.

Pioneer Food first-half earnings lower

2013-05-20 10:45

Pioneer Food Group has reported a 0.6% decline in adjusted headline earnings per share to 218c for the six months ended March.

Pioneer Foods appoints new CEO

2013-02-22 12:23

Pioneer Food Group has announced the appointment of Phil Roux as its new chief executive officer‚ replacing longstanding Andre Hanekom.

Pioneer earnings hit by BEE deal costs

2012-05-21 08:17

Pioneer Food Group posted a 44% drop in first-half earnings on Monday, hit by costs related to an empowerment transaction and soft consumer spending.

Pioneer lifts profit, outlook cautious

2011-11-28 08:20

Pioneer Foods has reported a jump in full-year earnings helped by increased sales and says cost pressures and consumer spending will influence its performance ahead.

Steel firms, striking union reach deal

2011-07-15 09:03

Steel and engineering firms have reached a wage deal with Numsa to end a two-week strike, says a union official.

Zeder foiled again?

2011-07-07 00:00

What is it about Zeder Investments – the agribusiness arm of PSG Group – that brings out the best in minority shareholders? Finweek reported recently on how Capespan’s huge value offering was driving Zeder’s bid to gain more influence at the Bellville-based fruit marketing group.

Mr James feeling plucky

2011-06-02 00:00

As suggested in our Portfolio Punts section this week, poultry groups are often regarded by investors as the tastiest food stocks outside traditional main courses such as Tiger Brands, Pioneer Food Group and AVI.

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