May 30, 2013 / 5:17 AM / 4 years ago

S.Africa's Rainbow Chicken moves into Zambian market

JOHANNESBURG, May 30 (Reuters) - South Africa’s Rainbow Chicken said on Thursday that it plans to establish a joint hatchery operation in Zambia in partnership with Zambeef.

Rainbow and Zambeef will own 51 percent and 49 percent of the new Zamhatch business respectively. The business is expected to be operational within the next two to three years.

Reporting by Sherilee Lakmidas

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