Food producer Rhodes Food Group, which owns Bull Brand and Bisto, gained the most in nearly three weeks on Monday, after the weaker rand and exports of high-value products to the US  boosted its performance in the year to end-September.

Exports countered the lower margins in the long-life category in the company’s regional segment, which is made up of SA and the rest of Africa. The regional business is susceptible to low economic growth in SA and diminishing disposable income of local consumers.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.