Rainbow Chicken appoints Busisiwe Mavuso as new non-executive director

JSE-listed Rainbow Chicken has appointed Busisiwe Mavuso as a non-executive director and member of its audit and risk committee, effective 1 October 2025.

Mavuso, a seasoned executive and governance professional, brings over 20 years of experience in financial management, corporate leadership and public policy advocacy.

She is currently CEO of Business Leadership South Africa, a role she has held since July 2019, after previously serving as chief financial officer.

Her extensive career spans the financial services, healthcare and civil society sectors. She has also served on several high-profile boards, including Eskom, Business Unity South Africa and Business Against Crime South Africa.

Academically, Mavuso  is a Chartered Accountant with the Association of Certified Chartered Accountants (ACCA) and holds a Master of Business Leadership from Unisa and a Master of Philosophy in Applied Business Leadership and Management from UCAM.

She is also a member of the Association of Chartered Certified Accountants (ACCA-UK), the Institute of Directors in South Africa (IoDSA), and Young Presidents’ Organization (YPO).

In welcoming her appointment, the board expressed confidence in the value she will bring to the company. With her addition, the audit and risk committee will now comprise Mavuso, Cindy Joy Robertson, Zimkhitha Phaphama Zatu Moloi, and Agmat Brinkhuis.

Earlier this year, Rainbow Chicken - which was unbundled and listed seperately from its parent company, RCL Foods - reported a sharp increase in headline earnings a share (HEPS) for the six months to end-December as it started to benefit from its turnaround plans.

HEPS increased 1 348.8% to 35.64 cents while revenue increased by 8.9% to R7.9 billion. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) and impairments were up 119% to R581.1 million. 

Rainbow’s management said the financial performance was driven by operational improvements, improved agricultural performance, efficiencies and a focus on cost management, together with lower commodity pricing compared with the comparative period.

BUSINESS REPORT