Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
Fonterra finds itself at the centre of a row between two Sri Lankan cabinet ministers.
Its Deputy Minister of Industry and Commerce Buddhika Pathirana told Parliament two weeks ago that instead of 100% natural milk, the respective imports from New Zealand were suspected of containing mainly animal fat extracted from pigs and cattle, plus palm oil and lactose.
But the Deputy Director-General for Environmental Health, Occupational Health and Food Safety at Sri Lanka’s Health Ministry, Dr Lakshman Gamlath, said the claims were baseless.
Gamlath told a news conference in Colombo that a certificate issued by Minister of Primary Industries Damien O’Connor proved that milk ingredients are derived only from animals of New Zealand origin.
Health Minister Rajitha Senaratne also denied all allegations made against Fonterra by his colleague.
The co-op says it is aware of misinformation recently shared in Sri Lanka.
Penske Australia & New Zealand has appointed Stephen Kelly as the general manager of its Penske NZ operations, effective immediately In this role he will oversee all NZ branch operations, including energy solutions, mining, commercial vehicles, defence, marine, and rail, while continuing to be based at Penske’s Christchurch branch.
According to the latest Federated Farmers-Rabobank Farm Remuneration Report, released today, farm worker pay growth has levelled off after a post-Covid period of rapid growth.
The Climate Change Commission has recommended maintaining the current New Zealand Emissions Trading System (NZ ETS) settings but warns of a potential unit shortfall as early as 2028.
The Conservative Party warns that the upcoming free trade agreement between New Zealand and India may prioritise increased labour mobility while offering limited reassurance for New Zealand workers.
Southland District Council says it is actively managing the impacts of the current fuel supply challenges to ensure essential services across the district continue to operate safely and reliably.
A large crowd turned out for the last of the field days of the three finalists in this years Ahuwhenua Trophy to determine the top Maori horticulture entity in Aotearoa New Zealand
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