TSL posts US$43m nine-month revenue, projects mixed outlook due to El Niño
TSL Limited recorded an eight percent increase in revenue to US$42.9 million for the nine months to July 2026, driven by stronger performance across its agricultural and tobacco businesses, but projected an uncertain outlook due to a forecast Super El Niño.
Ariston tea production slump drags revenue down 13%
Ariston Holdings’ revenue fell 13 percent to US$3.24 million for the nine months ending June 2026, driven down by a sharp decline in tea production that eclipsed gains in its banana and macadamia operations.
Corn and wheat prices jump to highest prices in more than three years
Corn and wheat prices have surged to their highest levels in more than three years.
Turning land leases into bankable titles can unlock US$20bn for Zim’s economy, says FinMin Ncube
Finance Minister Mthuli Ncube says turning 99-year land leases into bankable titles could unlock US$20 billion into Zimbabwe’s economy.
SA lands major soybean export deal with China
South Africa is set to export about 200 000 tons of soybeans to China in November 2026, marking only its second soybean export deal with the country.
Seed Co tightens cost controls as input costs bite
The seed producer said the benefits of improved macroeconomic conditions were partly offset by rising input and distribution costs, reflecting continued geopolitical tensions in the Middle East and Eastern Europe and their impact on global logistics, energy, chemicals and fertiliser supply chains and pricing.
Zimbabwe’s tobacco regulator urges diversification as 2026 season closes on low note
The Tobacco Industry and Marketing Board (TIMB) has urged tobacco growers to diversify into other commercial enterprises after 2026’s marketing season fell short of expectations.
Africa facing $10-$20 billion economic hit from ‘super’ El Niño, AfDB warns
An impending “super” El Niño is likely to inflict a combined $10 billion to $20 billion hit on affected African countries and trigger mass migration from hard-hit areas, the African Development Bank’s top climate expert says.
El Niño poses subdued FY27 for agro-focused SeedCo
The Super El Niño forecast to hit across southern Africa in the 2026/27 agricultural season will likely dampen SeedCo Limited’s financial performance next year, with the agro concern expected to record lower sales volumes due to the bad weather, investment research firm Morgan & Co said.
CFI pursues Crest Poultry Group revival, resuscitates hatchery operations
Agro-industrial group CFI Holdings is pursuing the revival of Crest Poultry Group (CPG), with the company investing in the resuscitation of the division’s hatchery operations.