{"id":11863,"date":"2012-06-26T23:56:48","date_gmt":"2012-06-26T21:56:48","guid":{"rendered":"http:\/\/www.myza.co.za\/06\/africa-agric-trader-etg-gets-250-mln-loan-to-expand\/"},"modified":"2012-06-26T23:56:48","modified_gmt":"2012-06-26T21:56:48","slug":"africa-agric-trader-etg-gets-250-mln-loan-to-expand","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/africa-agric-trader-etg-gets-250-mln-loan-to-expand\/","title":{"rendered":"Africa agric trader ETG gets $250 mln loan to expand"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">CAPE TOWN, June 26<\/span> (Reuters) &#8211; Standard Bank has<br \/>\nsecured a $250 million syndicated loan for Export Trading Group<br \/>\n(ETG), helping the leading African soft commodities company<br \/>\nsecure stock and expand across the continent, the bank said on<br \/>\nTuesday.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Founded as an agricultural marketing company in Kenya in<br \/>\n1967, ETG is involved in the production, processing, trading and<br \/>\ndistribution of agricultural commodities, such as cereals and<br \/>\noilseeds. It operates mainly in sub-Saharan Africa and Asia.<\/p>\n<p><span><\/span><\/p>\n<p>The loan will give ETG flexibility to gain market share and<br \/>\nincrease profitability by helping the company deliver stock at<br \/>\nshort notice and improving turnaround times, a senior company<br \/>\nofficial said.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;It will ensure that ETG has the relevant stock available<br \/>\nfor distribution all year round, which is crucial for ETG&#8217;s<br \/>\ncompetitiveness,&#8221; Ketan Patel, ETG&#8217;s managing director, said in<br \/>\nthe same statement.<\/p>\n<p> (Reporting by Wendell Roelf; editing by James Jukwey)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAPE TOWN, June 26 (Reuters) &#8211; Standard Bank has secured a $250 million syndicated loan for Export Trading Group (ETG), helping the leading African soft commodities company secure stock and expand across the continent, the bank said on Tuesday. Founded as an agricultural marketing company in Kenya in 1967, ETG is involved in the production, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-11863","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=11863"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11863\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}