Tiger Brands: Where did it all go wrong?Â
Tiger Brands has long been referred to as a high-quality, blue-chip company that is held by a number of top local asset managers.
listeriosis
Tiger Brands recalls millions of defective products as another headwind hits SA’s largest food producer
Tiger Brands has been hit by yet another product quality scandal with the food producer recalling millions of canned vegetable products.
CEO Lawrence MacDougall leaves Tiger Brands, and listeriosis legacy
The Tiger Brands CEO will retire this week, leaving the leading packaged-food firm still battling the fallout of a deadly outbreak of listeriosis linked to one of its factories.
RCL cries fowl over cheap imports
RCL Foods says the local market has been flooded with imports of chicken, mainly from Brazil and America, leading to oversupply.
Unbundling, drought turnaround sees Clover profits soar
Clover group revenue increased by 7.9% to R8.3 billion supported largely by a 25.7% increase in the fermented products and desserts category.
RCL earnings jump 52%, but still only firing on five of six cylinders
Executives at RCL Foods must have debated long and hard before deciding to embark on their own version of radical transformation.
Double whammy: Tiger Brands slumps as profits hurt by costs, listeriosis
Tiger Brands tumbled after Africa’s largest listed packaged-food maker said full-year profit fell as much as 37 percent after one of its plants was blamed for South Africa’s listeriosis outbreak.
Tiger’s second scandal in a decade stems from skewed corporate priorities
Tiger Brands’ second disaster in a decade stems from skewed priorities. The lengthy risk management section of its 2017 annual report ranks “Product quality” last of nine listed risks to the business.