SA Poultry Industry Playing Foul, Says EU
Finweek English|9 February 2017

Marcus Cornaro, the EU ambassador to South Africa, claims that the local poultry industry is struggling as a result of its own doing. But Kevin Lovell, CEO of the SA Poultry Association, says Cornaro has got his facts wrong.

Peter Fabricius
SA Poultry Industry Playing Foul, Says EU

South Africa’s ailing poultry industry is scapegoating EU chicken imports when in fact most of its problems are domestic, EU ambassador to South Africa, Marcus Cornaro, claimed at the end of January.

He was responding to complaints from the local industry that EU imports are destroying their business. In response, the South African government slapped a “safeguard” import duty of 13.9% on frozen “bone-in” EU chicken parts (legs and wings) in December last year.

This was on top of steep anti-dumping duties which the government had already imposed on chicken imports in 2015; 73% on German chickens, 30% on UK and 22% on Dutch chicken imports.

Yet, EU chicken imports accounted for only 7% of total South African chicken consumption and about 14% of consumption of brown chicken meat, Cornaro said. Since those figures were recorded, the South African government had taken the “radical” measure of banning all poultry imports from seven EU countries because of outbreaks in those countries of highly-pathogenic avian flu (AI). This was projected to reduce EU chicken imports by about two-thirds.

“So it is hard to see how the impact of EU imports could be so dramatic,” he said at a media briefing in Johannesburg, adding that the local poultry industry was using the EU as a “scapegoat” for its own problems. He said he thought the local industry had targeted the EU for blame because it was a high-profile, easy target – especially just after the EU-SADC Economic Partnership Agreement (EPA) had just come into force.

Despite all these protective measures, the local poultry industry has demanded further import tariffs on EU poultry imports. It is not clear yet how the government will respond.

Bu hikaye Finweek English dergisinin 9 February 2017 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Finweek English dergisinin 9 February 2017 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FINWEEK ENGLISH DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
THE HEALTH OF SA'S MEDICAL SCHEMES
Finweek English

THE HEALTH OF SA'S MEDICAL SCHEMES

As the Covid-19 pandemic abates, finweek takes a look at the financial performance of some of the largest players.

time-read
7 dak  |
5 November 2021
The effect of Gilbertson's departure
Finweek English

The effect of Gilbertson's departure

With Ntsimbintle Holdings now the major shareholder of Jupiter Mines, it could change SA’s manganese industry.

time-read
3 dak  |
5 November 2021
Making money from music
Finweek English

Making money from music

Why investors are increasingly drawn to the music industry.

time-read
3 dak  |
5 November 2021
Conviction is key
Finweek English

Conviction is key

Sandy Rheeder plays a critical role in Mukuru’s mission to open up financial services to the emerging consumer market in Africa through tailor-made technology solutions and platforms.

time-read
5 dak  |
5 November 2021
The post-pandemic toolkit
Finweek English

The post-pandemic toolkit

How CFOs can use technology to support growth.

time-read
4 dak  |
5 November 2021
Big city living exodus
Finweek English

Big city living exodus

Mini cities like Waterfall City and Steyn City are redefining city-style apartment living.

time-read
3 dak  |
5 November 2021
Big compact, big value
Finweek English

Big compact, big value

Handsome, with a hefty level of standard specification, the roomy Haval Jolion compact crossover is a great value proposition.

time-read
3 dak  |
5 November 2021
On barriers to entry
Finweek English

On barriers to entry

There are various ways in which a company or sector can achieve competitive dominance. They usually make for good investments.

time-read
2 dak  |
5 November 2021
Fear and greed in one index
Finweek English

Fear and greed in one index

To buck the trend, when markets are hot or cold, is a tough thing to do. However, it can deliver solid returns.

time-read
3 dak  |
5 November 2021
Africa's largest data centre facility coming soon
Finweek English

Africa's largest data centre facility coming soon

Vantage Data Centers plans to invest over R15bn for its first African data centre facility in Attacq’s Waterfall City.

time-read
3 dak  |
5 November 2021