Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Two former Fonterra directors have been elected to the Cooperative Business New Zealand board.
Nicola Shadbolt and Greg Gent will join two others - Mike Brown of Marlborough Grape Growers Cooperative and Matthew Washington of Mitre 10 on the board.
Shadbolt has extensive governance experience and is an experienced advocate of the co-operative model.
A professor of farm and agri business management at Massey University, she is the current chair of Plant and Food Research Institute and a Climate Change Commissioner.
Gent, a Northland dairy farmer, joins with board with an extensive careeer in governance, spanning several decades across multiple sectors.
He is chairman of Southern Cross Health Society and is a past chair of Farmers' Mutual Group, past director of Fonterra, and works as a dairy farmer in Ruawai.
NZ Co-op Business chief executive Roz Henry says the combined experience of the new directors will be a great help to members.
"Their combined experience, knowledge and skills, covering a range of sectors and specialist knowledge will prove invaluable and greatly assist in pursuing the interest of our members, in particular working alongside our government and educators to support New Zealand member-owned business."
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
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