Sefalana enters South African market
Tuesday, January 31, 2017
At the announcement of the financials for the half-year ended October 31, 2016, the group stated that it will use a large part of the P351 million raised recently through a rights offer to support its expansion plans into South Africa.
Recently, the group used part of the proceeds from the rights issue to enter the Lesotho market through the takeover of that country’s largest cash and carry outlet, TFS Wholesalers.
According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...