'If they dump foreign milk here, what will we do?' Unions fume over Clover takeover

2019-09-26 06:00

Unions are fuming over the Competition Tribunal's decision to approve the buyout of South Africa's largest dairy company, Clover, by Milco SA – with Cosatu saying it would consider legal steps.

Sugar tax didn't sweeten the deal for Clover

2019-03-05 10:58

The sugar tax may be aimed at reducing consumption, but it ate its way into Clover's profits, the group said on Tuesday.

Clover milk business hurts earnings in tight consumer market

2018-09-12 20:42

Clover's milk producers business has hurt earnings, leading to the resignations of top executives

REVEALED: SA companies with the best reputations

2017-06-22 17:03

The 2017 Global RepTrak® Pulse reveals which South African companies have a strong, emotional bond with the public.

Clover ices new projects to head off sugar tax

2017-03-05 06:00

Company will instead focus on researching ways to develop and produce a new range of drinks.

Clover posts 41% jump in earnings

2015-03-17 08:45

Food and beverage company Clover Industries has reported a 41% jump in first-half earnings on higher product prices, despite falling sales and market share.

Clover profits sour on costs, inflation

2014-09-16 11:28

Food and beverage firm Clover Industries has posted a 14.2% fall in earnings, clipped by brisk inflation levels and higher raw material costs.

Tired of being blamed for empty shelves

2014-01-22 18:46

A Fin24 user is tired of being blamed by his customers for having empty shelves in his store.

Clover expects lower Heps and EPS

2013-08-19 14:51

Clover's results were impacted by a number of factors, including investments in new products and platforms.

Clover rises 4.5% in JSE debut

2010-12-14 09:36

Shares in dairy foods maker Clover have risen more than 4.5% in its stock market debut.


Brimstone to exit SA dairy deal on anti-Israel pressure

2019-04-12 08:37

The Brimstone Investment Corporation will exit a deal led by an Israeli company to buy South Africa’s biggest dairy producer after protests by a pro-Palestinian activist group.

JSE weaker as rand retraces

2019-02-04 17:56

The JSE started the week on the backfoot as it closed weaker mainly on the back of losses recorded in financials.

Corruption thrives in the dark

2018-07-29 17:44

Corruption thrives where there is a lack of transparency. But what makes an environment transparent enough? asks Tristan Wiggill.

Is sugar tax doing its work already?

2017-06-11 06:00

There are more signs that the heavily contested proposed tax on sugar-sweetened beverages is starting to effect change as the soft drink industry fights it tooth and nail.

Clover shares dive on profit warning

2017-01-18 17:49

Investors have punished Clover after the foods and beverages company announced it expects a drop in headline earnings per share of up to 25%.

Clover, Dairybelle merger gets the nod

2014-12-01 19:35

The Competition Tribunal has approved a merger between Clover and DairyBelle's yoghurt/UHT milk business.

Clover buys Dairybelle yoghurt, milk units

2014-05-08 15:37

Dairy and beverages maker Clover says is has bought the yoghurt and long-life milk business of fellow dairy company Dairybelle for R200m.

Clover plans to enter new markets

2013-09-17 10:04

Dairy and beverages maker Clover has posted a slight rise in full-year earnings and says it plans to launch new products and enter new markets to boost growth.

Farmers fret over low milk prices

2013-07-23 12:52

The price of milk will have to increase sharply to avoid a potential crisis, says the Milk Producers Organisation, according to a report.

KWV bid: Pioneer drops bombshell

2010-12-14 06:21

Pioneer Foods has further upset opponents of its KWV takeover bid with an alleged "gimmick".

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