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.
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