‘Listeria hysteria’ pushes pig farmers to the brink
By Tanya Steenkamp - Apr 12th, 11:39
SA’s pork industry is losing about R45m a week, putting the viability of small-scale farmers in doubt, while the processed meat industry is losing up to R800m a month.
SA’s pork industry is losing about R45m a week thanks to “listeria hysteria”‚ and experts warn that many small-scale pig farmers will not survive the plunge in demand for pork.
South African Meat Processors Association chairman Arnold Prinsloo said about 2‚000 jobs had already been shed at processing plants.
“Enterprise had 300 people laid off; another large company laid off 150. A process plant in the Free State laid off 200 people and in Durban, a plant laid off about 300 workers. Then there are a lot of small guys who have shed jobs.”
According to him‚ listeriosis has cost the processed meat industry R800m a month© BusinessLIVE MMXVIII
Listeriosis claims may be paid in 2020
11/12/2018 - 19:40
The first claims associated with the listeriosis class action could be paid out in mid to late 2020 at the earliest, according to Richard Spoor Attorneys lawyer Thami Malusi.
Tiger Brands reopens Polokwane polony factory
10/12/2018 - 08:48
SA authorities have given food maker Tiger Brands permission to re-open a factory closed after the world’s biggest listeria outbreak was traced to one of its facilities, the company said.
Ghost of listeriosis past: Tiger Brands faces multimillion-rand class action
04/12/2018 - 13:59
The material impact of the damage to Tiger Brands could be hundreds of millions of rand, according to analysts, after the High Court granted an order certifying a class action against the food producer as a result of the listeriosis outbreak that killed 200 people early this year.
Listeriosis outbreak haunts Tiger Brands
23/11/2018 - 10:06
The Listeriosis outbreak in South Africa came back to haunt Tiger Brands, with the group reporting a 26 percent decline in headline earnings per share (Heps) to 1 587 cents a share during the year to end September, while revenue fell 9 percent to R15.87.
Tiger Brands maintains dividend despite falling sales and profit
22/11/2018 - 11:00
SA’s listeria scandal halved the sales of Tiger Brand’s meat products division and pushed it into a loss, contributing to the group’s overall sales and profit decline.