Most of the chicken imported from the US is not sold in major retailers across the country. "You will find these products generally at third tier supermarkets, as they are aimed at lower income groups," South African Poultry Association chief executive Kevin Lovell said.

The Black Economic Empowerment (BEE) consortium that acquired Afgri’s loss-making poultry division is feeling the pressure exerted by US chicken imported under the African Growth and Opportunity Act (Agoa).

After power cuts that crippled economic growth, SA has kept the lights on for more than six months and outages may not return in the next few years. But the improved outlook is less about what the state power utility is doing and more to do with an economic slowdown.

Insurer Old Mutual on Friday confirmed speculation that it would separate its four core business units following a strategic review, in a bid to cut millions in costs. It will also reduce its stake in majority-owned Nedbank to a minority position.

Bidvest Group founder Brian Joffe plans to give a portion of the business to dedicated entrepreneurs, Deputy Minister of Trade and Industry Mzwandile Masina said.

The Lion Match Company this week officially unveiled a second iconic building in its home city of Durban – its new headquarters on the Durban Point Waterfront.

Packaging company Nampak expects to double the number of wine bottles it manufactures for clients such, as KWV and Nederburg, this year.

Dairy producer Clover cited solid festive season demand in its home market for an uptick in interim earnings, but warned of risks elsewhere in Africa and said it would make no more investments in Nigeria.

The search for a cheap avocado has become an unexpected middle-class concern in Joburg, with the fruit now a buttery symbol of entitlement.