South Africa: Lifeline for Ailing Free State Milk Industry

The ailing Free State dairy industry received a breather from a milk broker who agreed to buy from regional farmers, following the closure of the 27-year-old Montic Clocolan milk depot.

Martin Swanepoel, CEO of Montic holding company Sontic, told Fin24 that the economics of having a depot in the region do not make financial sense in the long term.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.