SA’s Netcare Announces Secondary Listing On A2X
SA’s third-biggest private hospital group Netcare (JO:NTCJ) announced today that its ordinary shares will be traded on A2X with effect from 15 December 2021. Netcare said it will...
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Tiger Brands News & Analysis
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Tiger Brands centenary: From family business to FMCG giant
Source: SuppliedTiger Brands, one of Africa's largest independent fast-moving consumers goods producers, marks its centenary this year. As one of South Africa's oldest ongoing businesses,...
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News24.com | Tiger Brands has plans in place to ensure snacks and treats supply as KZN strike continues
Workers at Tiger Brands' snacks and treats division in KwaZulu-Natal downed their tools last month
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Tiger Brands to slash costs by R450m as full-year profit slumps
Food producer’s cost-conscious approach comes as wage protests at its KwaZulu-Natal sweets factory go on for more than a week.
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News24.com | Tiger Brands hit by violent strike, threatens legal action
Tiger Brands will be meet with the the African Meat Industry and Allied Trade Union whose members are on strike but it may also file an application to interdict the strike, before...
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Tiger Brands eyes deal to invest in nutrition business
The company also warned on price increases.
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News24.com | Product recall, KZN unrest hit Tiger Brands profit
In its results for the year ended 30 September 2021, Tiger Brands said the performance of its core business was off-set by the once-off R732 million costs related to the recall and...
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Tiger Brands expects half-year profit to drop by up to 15%
After operational disruptions in July cost the company almost R700m.
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News24.com | Unrest and canned products recall cost KOO owner Tiger Brands over R700 million
Tiger Brands said its headline earnings per share (HEPS) from total operations for the year are likely to increase between 15% and 25% for the year ended 30 September 2021, compared to...
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Soko District: A flexible retail concept that champions small and local
Rosebank Mall is currently home to the first Soko District, a curated retail space designed to showcase a bevy of small, local brands, and give them a platform to grow. Read more... | Send...
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News24.com | Tiger Brands becomes latest SA company to exit Nigeria
South Africa's Tiger Brands has agreed to sell its 49% minority shareholding in UAC Foods to parent UAC of Nigeria.
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News24.com | Tiger Brands' KOO and Hugo canned food recall reaches UK, Australia and New Zealand
SA's biggest food manufacturer, Tiger Brands had recalled KOO and Hugo canned food products in July over safety concerns linked to defective cans.
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News24.com | Some chocolates in short supply – but there’s enough rice, says Tiger Brands
Tastic rice producer Tiger Brands says there is no need for consumers to worry about a shortage of rice, following post-looting concerns about food security.
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South Africa’s biggest food manufacturer details how looting has hit its businesses and supplies
Tiger Brands, the owner of household brands including Koo, Albany Bread, and Tastic, says that incidents of civil unrest, widespread looting, and vandalism in Kwa-Zulu Natal (KZN) and parts...
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Tiger Brands to launch venture capital fund
To invest in food and beverage start ups.
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News24.com | Jungle Oats maker Tiger Brands resumes interim dividend as profits rise
SA's largest food producer Tiger Brands said on Thursday that its financial performance has improved, supported by strong revenue growth in the first quarter.
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Tiger Brands H1 profit rise
Resumes interim dividend payout.
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S.Africa's Tiger Brands flags H1 profit rise of up to 55%
JOHANNESBURG, May 13 (Reuters) - South Africa's biggest food producer Tiger Brands TBSJ.J said on Thursday it expects its half-year profits to rise by up to 55% versus a year earlier.Its...
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BRIEF-Tiger Brands Ltd Sees HY HEPS From Cont Ops Between 15% And 22% Higher
May 13 (Reuters) - Tiger Brands Ltd TBSJ.J :* TIGER BRANDS - HEPS FROM TOTAL OPERATIONS FOR SIX MONTHS ENDED 31 MARCH 2021 IS EXPECTED TO BE BETWEEN 48% AND 55% HIGHER* TIGER BRANDS - HEPS...
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Deputy chief executive of S.Africa's ABSA dies of COVID-19 complications - family
CAPE TOWN, March 7 (Reuters) - The deputy chief executive of South African bank ABSA ABGJ.J , Peter Matlare, died on Sunday due to COVID-19 complications, his family said.A prominent black...
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Tiger Brands’ new chair brings optimism
Volume growth achieved across many parts of the business, Fraser-Moleketi hopes the food giant will play a 'meaningful role in business and society' in future.
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Tiger Brands flags reduced consumer demand in January
But says it's too soon to know whether this indicates that even more challenging times lie ahead.
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UPDATE 1-South Africa's Tiger Brands sees H1 profit up to 20% higher
(Add details)JOHANNESBURG, Feb 17 (Reuters) - South Africa's biggest food producer Tiger Brands TBSJ.J said on Wednesday it expected headline earnings from continuing operations to rise as...
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South Africa's Tiger Brands sees a 20% recovery in six-month profit
JOHANNESBURG, Feb 17 (Reuters) - South Africa's biggest food producer Tiger Brands TBSJ.J said on Wednesday it expected headline earnings from continuing operations in the six months to...
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BRIEF-Tiger Brands Sees HY HEPS To Be Between 35% And 45% Higher
Feb 17 (Reuters) - Tiger Brands Ltd TBSJ.J :* VOLUNTARY TRADING UPDATE AND TRADING STATEMENT* GROUP REVENUE FROM CONTINUING OPERATIONS FOR QUARTER ENDED 31 DECEMBER 2020 WAS UP 12,1%*...
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BRIEF-Tiger Brands Says Makhup Nyama To Retire From Board
Dec 9 (Reuters) - Tiger Brands Ltd TBSJ.J :* JSE: TBS - RETIREMENT OF A DIRECTOR AND CHANGES TO BOARD COMMITTEES* TIGER BRANDS - MAKHUP NYAMA HAS DECIDED TO RETIRE FROM BOARD WITH EFFECT...
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S.Africa's Tiger Brands eyes $32 mln cost savings, declares special dividend
(Corrects to show jobs already cut, paragraph 1) JOHANNESBURG, Nov 20 (Reuters) - Tiger Brands TBSJ.J , South Africa's biggest food producer, is targeting cost savings of 500 million rand...
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South Africa's Tiger Brands annual earnings fall, but declares special dividend
JOHANNESBURG, Nov 20 (Reuters) - Tiger Brands TBSJ.J , South Africa's biggest food producer, reported on Friday a 23% decline in full-year earnings but declared a special dividend in...
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BRIEF-Tiger Brands FY HEPS 1,196 Cents
Nov 20 (Reuters) - Tiger Brands Ltd TBSJ.J :* TIGER BRANDS - FY HEPS DECLINED TO 1 196 CENTS PER SHARE* TIGER BRANDS - TOTAL DIVIDEND 670 CENTS PER SHARE* TIGER BRANDS - FY REVENUE...
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South African Markets - Factors to watch on Nov. 20
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday. ECONOMIC EVENTS - Moody's...
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S. Africa's Tiger Brands expects lower annual profits
Nov 2 (Reuters) - South Africa's Tiger Brands TBSJ.J expects lower full-year profit from last year and took an impairment charge of 43 million rand ($2.64 million), the country's biggest...
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South Africa's Tiger Brands concludes sale of processed meats business
Oct 29 (Reuters) - South Africa's biggest food producer Tiger Brands TBSJ.J said on Thursday it had completed the sale of its value-added meat products business, which was closed temporarily...
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BRIEF-Tiger Brands Says Deal Of Meat Processing Businesses At Germiston, Polokwane And Pretoria Became Unconditional
Oct 29 (Reuters) - Tiger Brands Ltd TBSJ.J :* TIGER BRANDS - ACQUISITION OF MEAT PROCESSING BUSINESSES AT GERMISTON, POLOKWANE AND PRETORIA BY SILVER BLADE ABATTOIR HAS BECOME...
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BRIEF-Tiger Brands Updates On Disposal Of Value-Added Meat Products Business
Sept 30 (Reuters) - Tiger Brands Ltd TBSJ.J :* JSE: TBS - UPDATE ON THE DISPOSAL OF THE VALUE-ADDED MEAT PRODUCTS BUSINESS* TIGER BRANDS - ACQUISITION OF ABATTOIR BUSINESS AT...
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BRIEF-Tiger Brands Says All Resolutions Passed By Shareholders At EGM
Sept 16 (Reuters) - Tiger Brands Ltd TBSJ.J :* TIGER BRANDS - AT EGM, ALL OF RESOLUTIONS TABLED PASSED BY REQUISITE MAJORITY OF VOTES CAST BY SHAREHOLDERS PRESENT IN PERSON OR REPRESENTED...
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UPDATE 1-South Africa's Tiger Brands says chairman to step down
* Geraldine Fraser-Moleketi to succeed Mokhele as chair* Company flags as much as 40% HEPS decline* HEPS hurt by COVID-19, restructuring costs and poor H1* Will lose 302 mln rand from...
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South Africa's Tiger Brands Chairman Mokhele to step down
JOHANNESBURG, Aug 21 (Reuters) - South African food producer Tiger Brands TBSJ.J said on Friday Khotso Mokhele will step down from his position as chairman of the board with effect from...
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BRIEF-Tiger Brands Sees FY HEPS From Contops 29%-33% Lower
Aug 21 (Reuters) - Tiger Brands Ltd TBSJ.J :* TIGER BRANDS - HEPS FROM CONTINUING OPERATIONS FOR YEAR ENDING 30 SEPTEMBER 2020 IS EXPECTED TO BE BETWEEN 29% AND 33% LOWER* TIGER BRANDS -...
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BRIEF-Tiger Brands Says Khotso Mokhele To Step Down As Chairman
Aug 21 (Reuters) - Tiger Brands Ltd TBSJ.J :* JSE: TBS - RETIREMENT OF CURRENT CHAIRMAN, APPOINTMENT OF CHAIRMAN DESIGNATE AND CHANGES TO BOARD COMMITTEES* TIGER BRANDS - APPOINTED MS...
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Deals of the day-Mergers and acquisitions
(Updates Sanofi; Adds Diageo , Amazon, American Express (NYSE:AXP), Friedkin)Aug 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1900 GMT on...
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UPDATE 1-S.Africa's Tiger Brands to sell processed meats business for $24.7 mln
(Adds detail)JOHANNESBURG, Aug 17 (Reuters) - South African food producer Tiger Brands TBSJ.J will sell its processed meats business through two separate deals for a combined 428 million...
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South Africa's Tiger Brands to sell processed meats units for $24.6 mln
JOHANNESBURG, Aug 17 (Reuters) - South African food producer Tiger Brands TBSJ.J has entered into two separate sale agreements for its processed meats units for 428 million rand ($24.68...
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BRIEF-Tiger Brands Progresses Disposal Of Its Value-Added Meat Products Business
Aug 17 (Reuters) - Tiger Brands Ltd TBSJ.J :* TIGER BRANDS PROGRESSES DISPOSAL OF ITS VALUE-ADDED MEAT PRODUCTS BUSINESS* MOLARE WILL ACQUIRE ABATTOIR BUSINESS, AS A GOING CONCERN, FOR A...
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