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Fairview Farm has goat this

It is great news that tourism into the country is growing each year. For the summer months particularly in the Western Cape, an influx of tourists is seen at some of the famous wine farms in Paarl.

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Cecilia Square’s phase two of development launched

The environmentally-friendly and technology-intelligent office building, Cecilia Square in Paarl is relaunching phase two of the building development. Already acclaimed 4 Green Star SA Office Design, Lazercor Developments, property leaders in innovation and sustainable solutions, will further incorporate green features to the second office building retaining 4 Green Star status.

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Two new Western Cape food listings on JSE

There are major new developments afoot amongst the large food sector players in the Western Cape – most notably two new listings on the JSE. The biggest development is the decision by Paarl-based convenience meal specialist Rhodes Food Group (RFG) to raise R600m from new investors by way of a listing on the JSE.

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KWV turnaround watered down by rand hedge

Were it not for a decision to hedge a portion of its international sales, Paarl-based liquor group might have achieved a much more spirited profit performance in the year to end March 2014. KWV managed to fortify its gross profit margin from 29,8% to 31,5% thanks to the 20% weakening in the rand, increased volumes and an improved sales mix with regard to wine sales and increased bulk spirit sales. Unfortunately KWV’s 47% increase in gross profits to R350m was whittled down to an operating loss of around R2m.

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