Entries by Michelle la Cock

Eastern Cape Relief – AFGRI Says Thank You

A month has passed since devastating wildfires caused havoc in the Southern and Eastern Cape regions, claiming lives and leaving many displaced. Apart from homes and businesses affected, the destructive fires also swept through numerous farms in the Thornhill district, destroying pastures, killing livestock and leaving the farming community in dire need of aid. Several […]

Uplifting farmers will reduce poverty in Africa

Centurion, 4 April 2017. – The agricultural sector in Africa has the potential to lift the continent and its people out of poverty. Tinus Prinsloo, CEO of Agri Services at AFGRI, says Africa can take its rightful place as a major food producer if farmers in Africa can be uplifted from subsistence farmers to commercial […]

BUSINESS REPORT: AFGRI Holdings buys SA Bank of Athens

Agricultural services and food processing group Afgri Holdings announced on Tuesday that it had bought National Bank of Greece Group’s (NBG’s) 99.81 percent stake in the South African Bank of Athens (Saba) for an undisclosed amount. NGB, the second largest Greek bank by total assets, said in a statement that the deal was part of […]

BUSINESS DAY: AFGRI pursues Bank of Athens’ SA stake

Afgri CEO Chris Venter says the 94-year-old business was constantly evolving and looking at ways to better service its customers Afgri is seeking to acquire the South African portion of Bank of Athens. The deal would give Afgri, which has long been a financier of farmers in partnership with the Land Bank, a banking licence. […]