RFG Holdings, the maker of Bull Brand corned meat and Bisto gravies, expects a recovery of its export performance to lift its second-half profit as it braces for a weak SA economy in which passing on rising costs to consumers will be difficult.

The group receives high margins on its exports of tinned peaches to China, which are considered a premium product. However, because they are considered a premium product they are used in bakeries and coffee shops, which remain affected by Covid-19, even as that country begins easing restrictions, CEO Bruce Henderson said...

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