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03 Jun Dysfunctional municipality chokes Astral

Posted at 13:36h in Latest SA News by Brenda 0 Comments

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It is not common for a large listed company with thousands of employees to publish a formal announcement warning shareholders that up to 40% of its production is under threat due to interruptions of basic services.

07 Jun Astral sells bakery stake for R96m

Posted at 08:17h in Latest SA News by admin 0 Comments

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Poultry producer, Astral Foods, has sold its 50% stake in its non-core bakery business, East Balt SA, for R96m to Fedoha Proprietary. "The bakery is what we call an opportunistic acquisition," says Astral CEO Chris Schutte (left). "It didn’t form part (of us) ...

03 Jun Dysfunctional municipality chokes Astral

07 Jun Astral sells bakery stake for R96m

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