Kaap Agri Delivers Pleasing Results in A Challenging Environment

Kaap Agri delivered pleasing results amidst tough trading conditions during the six months to end March 2020. The Covid-19 lockdown had a marginal effect on results with only 3½ days of trading being impacted, which were also partially offset by an increase in sales prior to lockdown.

ANNOUNCEMENT OF RESULTS AND WEBCAST

Shareholders are advised that Kaap Agri intends to release its interim financial results for the six months ended 31 March 2020 on Thursday, 7 May 2020. The Company will be hosting a webcast at 10:00 am on Friday, 8 May 2020, to present the results to shareholders and the market. To register for the webcast, [...]

Update: Essential Kaap Agri Operations Remain Open During Extended Lockdown

As you are aware, South Africa will remain in lockdown, which has been extended until 30 April. The lockdown has implications for all businesses, with certain “essential services” being granted an exemption to continue operating. As a company that is critical in the food value chain, agricultural sector and provision of essential products, we as Kaap Agri are included as part of the exempted “essential services”, and have been issued with the required exemption certificates in order to trade.

Continued operations during imposed lockdown: supplier communications

As you are aware, South Africa will be in a nation-wide lockdown from Friday 27 March 2020 following President Ramaphosa’s announcement earlier this week. In our ongoing effort to keep everyone safe and remind our valued suppliers that we’re in this together, we share this update.

Kaap Agri-afdelings oop tydens staat van inperking

25 Maart 2020 Beste Kaap Agri-kliënt Soos u bewus is, sal die hele Suid-Afrika vir 21-dae vanaf Vrydag 27 Maart 2020 tot middernag 16 April 2020 in ‘n staat van inperking wees. Die inperking het ‘n impak op alle besighede, en slegs sekere “noodsaaklike dienste” sal toegelaat word om oop te bly.  As deel [...]

COVID-19 Precautionary Measures Implemented

For over 100 years, Kaap Agri has been proud to be a place where people still count. This guiding principle leads us to be “mens mense” – in good times and bad. As we are facing the uncertainty and disruptive consequences of the Coronavirus (COVID-19) , we want to take this opportunity to advise you, our valued customer, that we are following all national guidelines to safeguard the wellbeing of our staff and customers while still keeping our doors open.

Kaap Agri Launches Major Investment in Manufacturing

Kaap Agri, the JSE-listed group trading in agricultural, fuel and related retail markets, has unveiled its first major investment of more than R150 million to further bolster its manufacturing capabilities. The investment entails the establishment of TEGO Plastics (Pty) Ltd, a new subsidiary of the Kaap Agri Group, based in Brackenfell, Cape Town. TEGO Plastics specialises in the manufacturing of large format, injection moulded plastic products using state-of-the-art robotics and machinery. For this purpose, one of the largest injection moulding machines available in the global market was commissioned.

Kaap Agri Improves B-BBEE Accreditation

Kaap Agri, the JSE-listed retail group trading in agricultural, fuel and related retail markets, recently completed its annual B-BBEE verification process and achieved a Level 3 BEE contributor status. This status is amongst the highest in the agricultural sector and will provide 110% BEE recognition for the procurement spend of all customers of the [...]

Applications now open for the Kaap Agri Academy farmer development programme

(Afrikaans to follow) The Kaap Agri Academy empowers emerging farmers with skills, information and experience to become successful commercial farmers. We are now accepting applications for the following courses:  Mixed Farming (NQF 2) Animal Production (NQF 3) Plant Production (NQF 3) Each course consists of two parts - business practice and farming practice. Students are [...]

Kaap Agri Weathers Tough Conditions with Pleasing Results

28 November 2019 Kaap Agri, the JSE-listed group trading in agricultural, fuel and related retail markets in Southern Africa, weathered difficult economic conditions in the financial year to September 2019 with a pleasing 6.0% increase in recurring headline earnings per share to 375.19 cents, resulting in a five-year compound annual growth rate of 10.9%. Revenue [...]