Astral Food Ltd (ARL) has said it will continue to invest in Mozambique’s poultry market as South Africa’s largest chicken producer by sales moves into neighbouring markets looking to avoid import quotas and benefit from higher profit margins
The company, based in
“The Mozambican government knows of our efforts to invest in the country,” said Chris Schutte CEO of the company. “It is a country where you can chase investments” and chicken eaten is a fraction of
“These countries have political stability, double-digit economic growth and there’s people.”
Astral, which owns a feed mill and hatchery in
Yellow corn and soy cake, which is produced using soybeans, makes up an estimated 74 per cent of the company’s costs.
Close to 20 per cent of chicken in