South African Food Pro­ducer’s Earn­ings Hit by Meat Re­call

Africa Outlook - - News -

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.

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