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/ 19 July 2007

Dairy price hike benefits farmers

Prospects for the struggling dairy-farming sector are looking better following a decision by milk processors to raise prices this year, according to a farmers’ representative body. Milk Producers’ Organisation MD Etienne Terre’Blanche said the current milk shortage occurred after processors slashed prices from early 2005.

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/ 19 July 2007

Miners lead JSE up, banks in focus

The JSE was slightly higher at noon on Thursday as miners gained on sustained strength in precious metals with banks in focus on vague talk that Standard Chartered Bank might make a buy-out offer for Nedbank. At midday, the all-share index was up 0,32%. Resources gained 0,48% and the gold- and platinum-mining indices added 0,57% and 1,75% respectively.