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Wednesday, May 22, 2019

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Bidvest foods spin-off Bidcorp valued at US$5bn in market debut

South Africa's Bidvest listed its food services business as Bid Corporation (Bidcorp) on the JSE on Monday, with the shares opening trade at R270 to value the company at around R90bn...

Cape Agriculture department has aided Central Karoo with drought support worth R8.3m

The Department of Agriculture in the Western Cape has disbursed R 8.3 million in drought support to 586 farmers in the Central Karoo in January, and will continue to provide support...

Cape Town launches Africa’s first floating solar farm

Marlenique Estate, a fruit farm and wedding venue just outside of Franschhoek, has just unveiled Africa’s first state-of-the-art floating solar PV system. New South Energy was the company in charge of the...

SA’s first cannabis cultivation licence awarded in Cape Town

The Paarl-based company Afriplex (Pty) Ltd, in partnership with the House of Hemp, has been awarded South Africa’s first medical Cannabis licence for the commercial production of medical Cannabis by the...

SA supplier sues after R4.5m US wine deal goes (literally) sour

A local wine supplier has taken legal action in the High Court in Pretoria against an American wine distributor. The former is suing the distributor for about $327,000 (R4.5 million) after the...

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South Africa gets first free online bond origination service

South African hybrid real estate agency, Leadhome, has announced the launch of Bondspark, South Africa's first, fully online and free bond origination business. Bondspark evolved...

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