Tag: Chris Schutte

Astral CEO: How the weak rand could solve cheap chicken imports problem

Astral Foods has become the latest South African company not to declare an interim dividend as Covid-19 plucked the feathers of certainty for the poultry business. Astral increased first half revenue by 4 per cent but profits were flat. Astral CEO, Chris Schutte joins CNBC Africa for more.

Water disruptions, labour action bite into Astral profits

Netcare says it’s delivered a resilient set of results in a challenging market. The hospital network operator posted a 0.9 percent increase in profit after tax and a final dividend of 64 cents per share. CNBC Africa spoke to the CEO, Dr Richard Friedland for more.

Chicken dumping still unresolved – Astral Foods CEO

Chicken dumping still unresolved – Astral Foods CEO

Astral warns Eskom of catastrophic impact of power cuts on millions of chickens

Should permanent power cuts be implemented by Eskom, Astral will be left with 11.5mln chickens that it will not be able to feed, it warns