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Tuesday 12 December 2023

Ngāi Tahu

Ngāi Tahu challenging Rakiura salmon plan rejection… 7th November 2023 /

Ngāi Tahu challenging Rakiura salmon plan rejection…

The iwi has lodged an appeal and judicial review of the decision of the expert panel to reject its open ocean salmon farm plan near Stewart Island.


…as iwi’s seafood business offsets bad buzz from honey in FY23 results 7th November 2023 /

…as iwi’s seafood business offsets bad buzz from honey in FY23 results

Ngāi Tahu’s seafood business delivered an improved FY23 result despite the turbulent economic backdrop which contributed in-part to the poor year at its shrinking honey operations.


Ngāi Tahu slims down Oha Honey, looks to Perry Group platform 5th October 2023 /

Ngāi Tahu slims down Oha Honey, looks to Perry Group platform

The iwi is shutting down its honey operations in the North Island and will tap into The Mānuka Collective to support its South Island business.


Challenging year for Ngāi Tahu’s food businesses with honey loss widening 4th November 2022 /

Challenging year for Ngāi Tahu’s food businesses with honey loss widening

Its struggling honey firm Oha books $22m in write downs and impairments after a tough year.


Ngāi Tahu’s food numbers: Seafood strong, honey and beef improving 11th November 2021

Ngāi Tahu’s food numbers: Seafood strong, honey and beef improving

The iwi’s seafood business sees operating profit leap 37%, offsetting a poor FY21 for honey and farming.


Ngāi Tahu signs aquaculture agreement, eyes marine farming 6th October 2021

Ngāi Tahu signs aquaculture agreement, eyes marine farming

Ngāi Tahu and the government have signed the Southland Regional Aquaculture Agreement.


Ngāi Tahu Holdings posts record profit after seafood returns “with a vengeance” 5th October 2021

Ngāi Tahu Holdings posts record profit after seafood returns “with a vengeance”

Seafood has “sprung back with a vengeance” helping the iwi’s operating performance, says company chair Mark Tume.


Ngāi Tahu’s Sanford stake tops 19% after $38m buy-up 3rd September 2021 /

Ngāi Tahu’s Sanford stake tops 19% after $38m buy-up

Ngāi Tahu Investment now holds a 19.9% stake in seafood company Sanford, making it the largest single shareholder in what is New Zealand’s largest seafood company.


Sanford shares jump as Ngāi Tahu takes 12% 2nd September 2021 /

Sanford shares jump as Ngāi Tahu takes 12%

Sanford’s share price jumped almost 25% yesterday as investors reacted to the news that Ngāi Tahu Investments was increasing its stake in New Zealand’s largest seafood company.


Ngāi Tahu fishes for “significant” Sanford stake 1st September 2021 /

Ngāi Tahu fishes for “significant” Sanford stake

The iwi investor is trying to buy a chunk of the seafood company, although it says it has “no current intention” to launch a takeover.