South African Food Producer’s Earnings Hit by Meat Recall

South Africa’s biggest food producer, Tiger Brands said a recall of cold meat products in response to a deadly listeria outbreak has cost it R365 million ($29 million) so far and weighed heavily on its halfyear earnings.

The Company suspended production in March at four plants in South Africa that produced polony and other cold meats that were linked to the world’s largest ever listeria outbreak, which has killed 200 people since early 2017.

Those facilities are likely to stay closed for much of the second half of the year, the Company said, as it completes remedial work and awaits guidance from the Department of Health.