Listed consumer goods maker Tiger Brands will cut costs by R450 million in the 2022 financial year after the recall of about 20 million canned vegetables and the July riots cost the company R732 million before tax. Read more.
Tags : tiger brands
JSE-listed Tiger Brands says major operational disruptions could result in the company reporting 15% less profit from continuing operations for the six months to 30 September and the company to report almost R700 million in one-off costs and share losses. Read more.
A week after South Africa, especially KwaZulu Natal and Gauteng, experienced deadly riots, the financial implications have finally been calculated. In these two provinces, there were 200 malls targeted, with 3 000 shops looted during the protests. Read more.
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