AGRICULTURAL NEWS - The estimated R1 billion in losses currently suffered by South African livestock industry as a result of stock theft, is expected to escalate as the incidences of stock theft increase in all provinces.
This was according to Gerhard Schutte, CEO of the Red Meat Producers Organisation, who said stock theft was particularly prevalent in the Free State, KwaZulu-Natal and the Eastern Cape.
There was a marked increase in the theft of goats, in particular, Schutte said at a meeting of the National Stock Theft Forum earlier this month.