Rainbow Chicken Ltd has revealed its early earnings fell an estimated 75 per cent as a result of an increase in imports, high costs and oversupply in its domestic South African market
Poultry
Zambeef to sell stake in Zamchick subsidiary
Zambeef Products plans to sell 49 per cent of its shares in its Zamchick subsidiary to a South African firm at a cost of US$14mn
Nutreco to invest in Ghanaian poultry
Global animal nutrition and feed company, Nutreco, has shown interest in investing in Ghana’s poultry industry
Brazilian poultry sector targets African expansion
The Brazilian poultry sector is set to increase its exports to Africa, with Algeria being one of its main target markets
Eritrean Poultry Farming Company introduces new machinery
Eritrean Poultry Farming Company, a private firm situated near the Mai-Nefhi region, has announced the introduction of new machinery worth US$1.9mn