Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
In an ironic twist to the long-running Silver Fern Farms and Shanghai Maling merger saga, the deal will now be done earlier than planned.
Silver Fern Farms (SFF) chairman Rob Hewett has dismissed claims that the newly merged meat company is about to start a bidding war for new season lambs.
Silver Fern Farms is consulting with staff at its North Island Wairoa mutton processing plant and its South Island Mossburn venison plant on options for closing the two small sites.
Lowering farmer costs and reducing duplication are key aspects of a new farm audit system being introduced this month.
Silver Fern Farms welcomes the Overseas Investment Office’s (OIO) approval of the application by Shanghai Maling to invest $261m into the company to create a 50/50 partnership.
New Zealand will enjoy benefits from the approval for Shanghai Maling Aquarius to acquire a 50% ownership stake in Silver Fern Farms.
Silver Fern Farms chairman Rob Hewett says it fully supports the 50:50 partnership with Shanghai Maling.
The Silver Fern Farms/Shanghai Maling joint venture proposal is getting nastier the longer it drags out.
OPINION: The new government has clearly signalled big cuts across the public service.
OPINION: Your canine crusader is not surprised by the recent news that New Zealand plant-based ‘fake meat’ business is in…