Nearly three years ago, Pick n Pay’s CEO Richard Brasher told shareholders that the retail group had completed its phase of “stabilising the business” that was the first step in its effort to rein in losses and return the retailer to its former glory, says www.moneyweb.co.za
Losses are estimated at Rand 800m in six provinces of the Western Cape where Avian flu has already caused egg prices to soar and two million chickens have been culled. There could be job losses too warn industry chiefs. Other parts of south Africa have been hit as migratory birds spread the killer disease, including Johannesburg Zoo.
Alan and Russell Heger speak to Farming Weekly about their Eastern Cape farming operation, which has become a major supplier of cucumbers across South Africa
“The reason for the rapid expansion of the South African blueberry industry is that it can place early volumes on the overseas market, starting from July through to September”
South Africa’s agricultural sector leads the country out of recession – it expanded 33.6 per cent year on year thanks to the end of the three-year drought which caused a fall in crop production.