2011 - Sale of farmers debtors book to the Land Bank improved the debt

Sale of farmers debtors book to the Land Bank improved the debt:equity ratio from 2.88 to 1.68.

Acquisition of the yellow maize business of Pride Milling.

Acquisition of the John Deere Agency in Zimbabwe.

Joint venture entered into between AFGRI, GroCapital and Macsteel resulting in GROCAT.