Bonafarm eyes farms in Zambia - paper

Competition

Hungarian agribusiness Bonafarm is one of two parties shortlisted in a bid for three big farms in Zambia, business weekly Figyelő said on Wednesday in a teaser for a story to be published in its issue out Thursday.

Bonafarm, owned by food industry magnate Sándor Csányi, is bidding against Zambia's Sable Transport Limited in the privatization.

The two companies are vying for some 10,000 hectares of farmland.

Bonafarm told Figyelő it is in talks with the Zambian Development Agency, but declined to reveal any further details because of business confidentiality.

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.

Support the BBJ

Startups