RFG’s higher prices boost revenue, but sales volumes fall
The food producer has to contend with constrained consumers and greater competition
18 September 2023 - 12:52
UPDATED 18 September 2023 - 20:24
RFG, whose products include canned goods, Hinds spices, juices and Today pies and pastries, says exports have been delayed by operational pressures at the Cape Town port.
“After initial signs of improvement earlier in the financial year, service levels have since deteriorated and shipping lines are bypassing the port if it is deemed too costly to dock due to the slower turnaround and waiting times,” RFG said. ..
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