Sugar workers threaten strike action as delayed payments spark unrest, with unions accusing the government of failing to honor agreements tied to factory leasing reforms.
Brenntag maintains margins and boosts cash flow despite declining sales, while expanding cost-saving measures and investing in innovation to navigate ongoing market uncertainty.
Compounding the crisis, seed imports have proven insufficient for replanting.
Consequently, this development underscores a wider trend of institutional capital targeting Africa’s logistics and warehousing sector.
According to CEO Gilad Gershon, demand currently exceeds supply.