Tiger Brands appoints Pieter Craill as new Finance Director for cereals

SOUTH AFRICA – South African packaged goods company Tiger Brands has appointed Pieter Craill as the Financial Director for cereals effective from 1 February 2023. Peter joins the company from confectionery products maker Aldor Africa where he held the position of head of finance and administration. He previously served as the Chief Finance Officer of Mister Sweet, a major confectionery…

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China grain production hits  68.7 billion MT in 2022 owing to high yield and increased hectarage

CHINA- China’s grain output reached a new record of 68.7 billion metric tons (MT) in 2022, new estimates from The National Bureau of Statistics (NBS) published have revealed. For the market year (MY) 2022/23, Corn production in MY2022/23 is forecasted at 277.2 MMT, up 1.7 percent from last year indicating a better harvest in the North China Plain, according to…

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Unga Group considers future beyond milling as sector becomes increasingly competitive

KENYA-Unga Group Holdings Ltd, one of the largest millers in East Africa with a heritage of over a century in grain milling, is considering a transition plan into a general food company to secure the future of the business. Unga which is listed on the Nairobi Security Exchange supplies a variety of products ranging from wheat flour products to maize…

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Bunge considers Switzerland as place of incorporation, trims board to 11 seats

USA — American agribusiness and food company may move its place of incorporation from Bermuda to Switzerland if shareholders approve the proposal that recently received the unanimous backing of the company’s Board. The new changes do not affect the company’s operational headquarters which will continue to remain in St. Louis, Missouri, US, according to a report by World Grain. If…

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