Plant-based bubble bursts
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird Ventures, and its products are no longer available in supermarkets.
Six months after welcoming a new chief executive, Maori-owned milk processor Miraka has had to start a new search for a leader.
Grant Watson, who left Fonterra earlier this year to join Miraka has now been poached by troubled processor Synlait.
It's quite unusual for a CEO to leave six months into his new job but the lure of turning around the fortunes of a listed company may have triggered Watson's move. That's speculative though as no reason has been given for Watson leaving Miraka.
Now all eyes will be on Grant Watson as he tries to move Synlait back into the black after the processor recorded its first trading loss since listing on NZX - following well-publicised trading difficulties.
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.
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
OPINION: Synlait's financial woes won’t be going away anytime soon.