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San Miguel expects a challenging, yet rewarding citrus year for South Africa

San Miguel expects a challenging, yet rewarding citrus year for South Africa South Africa is experiencing an excellent citrus year, as the country did last year when San Miguel reported a 24% increase in their South African citrus export volumes, despite logistical impediments like worldwide port congestion, vessels omitting ports and container shortages. Those factors are likely to remain a feature of this season, says San Miguel s supply chain manager for South Africa, Hein Potgieter. In South Africa, San Miguel sources from more than 1,000 hectares on its own farms in the Eastern Cape as well as citrus from more than thirty strategic growers from large established farming businesses as well as from medium and smaller family farms, encompassing all citrus areas in South Africa and packed at more than ten packing facilities.

What Is a SPAC?

Image source: Getty Images If you’re into investing, you’ve probably noticed that “SPACs” are getting a lot of publicity. The latest widely mentioned buzzword in finance, the SPAC is seemingly taking over the world. To some extent, this increase in publicity represents a real-world trend. According to Fool contributor Christopher Liew, SPACs raised $79 million in the U.S. last year compared to $13.6 billion in 2019 a 480% gain! Liew’s article goes on to note that the growth in SPACs has been less pronounced in Canada, with issues actually declining year over year. Still, the SPAC is a major trend in the world of finance, and one that Canadian investors would benefit from knowing about. In this article, I’ll explain what a SPAC is and explore whether SPACs have any value to retail investors. We can start by looking at the definition.

Import of Washington apples on hold pending genetic modifications-free certification

Import of Washington apples on hold pending genetic modifications-free certification SECTIONS Share Synopsis The new regulation of the Food Safety and Standards Authority of India (Fssai) requires imported consignments of two dozen major food crops to be accompanied with a non-GM-cum-GM-free certificate from March 1. Through this, exporters need to declare that the supplies do not contain genetically modified organisms, are of non-GM origin and are also not genetically modified. Getty Images Import of Washington apples has come to a grinding halt from March 1, as the US authorities have yet to put in place a process to certify the shipments to be free of genetic modification to comply with a new rule in India.

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