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PHANTOM SHARES: The Finance Ghost: Eskom is leading the poultry industry to the slaughter

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Astral Foods, one of South Africa’s leading poultry producers, warned us in November already that the combination of high feed costs and rolling blackouts would put pressure on its operations.

AVI maintains flat earnings as volumes come under pressure

It is important to note that the gross margin increased slightly in the most recent update. This is a very positive sign, particularly in an environment where margins are typically under a lot of pressure. The mix effect will be one of the main drivers of this improvement. With many environmentalists having Sasol-themed voodoo dolls on their desks, this is good news for both the accountants and the environment.

When customers are leaving their homes with rechargeable lights, surge-proof plugs and UPS backups for fibre, they aren’t impressed by the need to get their smartphones out to see what they are buying at the shops.

 

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Cracked me up ! 'As a core protein for millions of South Africans and a vegetable option at many braais in Bloemfontein'

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