SA’s biggest food manufacturer, Tiger Brands, is looking to put some of its R2.2bn net cash pile to use for acquisitions, saying an “obsession” with costs has helped margins even as the industry battles to pass on surging input costs to consumers.  

For the first time in years the group has managed to carve out volume share growth while protecting margins, CEO Noel Doyle told Business Day, with the relentless focus on costs to continue as the industry battles with a need to pass on “super inflation” to consumers...

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