Bearish cocoa? Here are five reasons the worst may be over
Businessam StaffJune 1, 2017
If you thought Ivory Coast’s record cocoa crop was enough to keep the bear run going, you may need to rethink. Cocoa futures almost
Iron ore sell-off deepens as new month opens with same old pain
Businessam StaffJune 1, 2017
After a miserable May, iron ore is opening the new month on the back foot. Futures in Asia fell to the lowest level in seven months as
Banana, sugarcane farmers in South Africa switch focus to macadamia nuts
Businessam StaffJune 1, 2017
Booming demand for macadamias is transforming farmland in eastern South Africa, as landowners switch focus from bananas and sugarcane
31 ships with petrol, other goods expected in Lagos
Businessam StaffMay 31, 2017
The Nigerian Ports Authority (NPA) says 31 ships laden with petroleum products and other goods will arrive Apapa and Tin-Can Island
Zara is facing a massive threat that could jeopardize the business
Businessam StaffMay 24, 2017
Fast fashion just got even faster. Zara, once a fast-fashion pioneer that brought new styles to its shelves quickly, has been knocked
U.S. plan to sell oil reserves undermines OPEC supply management efforts
Businessam StaffMay 23, 2017
U.S. President Donald Trump’s proposal to sell half of the United States’ strategic oil reserve surprised energy markets
South Africa seen raising forecast for biggest corn crop since 1981
Businessam StaffMay 22, 2017
South Africa, the continent’s biggest corn grower, will probably increase its forecast for a bumper crop of the staple grain for a
Four car makers settle claims over Takata inflators for $553 million
Businessam StaffMay 19, 2017
Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million