Tiger Brands expects consumers to struggle after the Covid-19 crisis
The company is not sure if wheat and rice will be available after May
08 April 2020 - 23:44
Tiger Brands, which was already expecting a drop in first-half earnings, said it is expecting even more constrained consumer spending and a recession after the Covid-19 crisis has subsided.
SA is in a three-week lockdown that was imposed by the government to combat the Covid-19 pandemic, which has infected 1,845 people locally and more than 1.3-million people worldwide...
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, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now