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RCL FOODS NEWS ON FASTMOVING

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Distell to distribute cannabis lager for Poison City Brewing

Distell to distribute cannabis lager for Poison City Brewing

19/11/2018 - 16:34
JSE-listed beverages group Distell has agreed to distribute and market a cannabis-infused beer backed by RCL Foods CEO Miles Dally and Spar CEO Graham O’Connor.  read more
RCL’s sugar business takes strain

RCL’s sugar business takes strain

06/09/2018 - 21:28
The government should do more to shield food and sugar producers from the influx of cheap imports, RCL Foods CFO Rob Field said. read more
RCL’s sugar business takes strain

RCL’s sugar business takes strain

29/08/2018 - 13:21
"The government should do more to shield food and sugar producers from the influx of cheap imports," says RCL Foods CFO Rob Field. read more
Listeriosis leaves Tiger Brands listless

Listeriosis leaves Tiger Brands listless

04/04/2018 - 08:29
Tiger Brands’s share price has fallen 12.47% since the health ministry publicly announced that its factory in Polokwane was the source of the listeriosis outbreak on March 4.  read more
Rainbow Chicken polony cleared of deadly listeria bacteria

Rainbow Chicken polony cleared of deadly listeria bacteria

28/03/2018 - 10:01
The national health department has confirmed the listeria bacteria found at the Rainbow Chicken polony factory is not the ST6 strain that caused 91% of cases. read more
RCL says French lab cleared its Wolwehoek factory of listeriosis

RCL says French lab cleared its Wolwehoek factory of listeriosis

16/03/2018 - 13:29
RCL Foods said in a statement on 16th March 2018 that no trace of the listeria strain responsible for the more than 1 000 infections that have recently hit the country was found in the Free State polony facility of its subsidiary Rainbow. read more
RCL stock leaps on earnings update

RCL stock leaps on earnings update

15/02/2018 - 10:42
RCL Foods, the consumer brands conglomerate that owns poultry producer Rainbow Chickens, delivered a nourishing trading update. read more
Revised business plan pays off at RCL

Revised business plan pays off at RCL

30/08/2017 - 13:32
RCL Foods, which owns several leading brands, is expecting a pluckier performance from its struggling poultry business. read more
Dumping of chicken hit group’s performance, says RCL Foods CEO

Dumping of chicken hit group’s performance, says RCL Foods CEO

24/02/2017 - 12:28
The company had to impair R142m of plant and equipment related to the decision to reduce commodity chicken volumes.  read more
Low poultry duty on EU ‘will decimate jobs in SA’

Low poultry duty on EU ‘will decimate jobs in SA’

11/01/2017 - 11:08
Poultry stakeholders demand a tariff of up to 40%, saying the new 13.9% safeguard duty is ‘hopelessly inadequate’ read more
RCL Foods considers a restructure of its commodity chicken component

RCL Foods considers a restructure of its commodity chicken component

29/09/2016 - 09:27
RCL Foods is considering a restructure of its commodity chicken category in response to current market conditions, which have deteriorated as a result of an increased level of dumped chicken products in the local market. read more
RCL Foods opts to cut dividend as earnings fall

RCL Foods opts to cut dividend as earnings fall

31/08/2016 - 08:48
DIVERSIFIED food producer RCL Foods has slashed its annual divided almost a third after the worst drought in a century deflated its profit growth. read more
Sugar harvest drops to 1995 level

Sugar harvest drops to 1995 level

26/02/2016 - 08:38
Johannesburg - South Africa is expected to harvest 1.63 million tonnes of sugar in the 2015/2016 season, the lowest since 1995 and down 22 percent on the previous period as a severe drought hits production, an industry body said. read more
RCL Foods: Oversupply of chicken hurts bottom line

RCL Foods: Oversupply of chicken hurts bottom line

25/02/2016 - 11:16
Johannesburg - The oversupply of poultry in the local industry has affected the profitability of RCL Foods for the six months to December, South Africa’s leading food producer said yesterday (24 Feb). read more
Operational improvements and recent acquisitions boost RCL Foods

Operational improvements and recent acquisitions boost RCL Foods

23/02/2015 - 11:25
Key Features • Restructuring into ONE company is a key enabler for value creation • Rainbow’s HEBITDA improves as new business model takes effect • TSB results included for the first time in the interim period • Material adverse impact of industrial action at Foodcorp and Vector • Positive impact of debt restructuring on headline earnings and cash flows read more
Expectations of Remgro mount as share price discount narrows

Expectations of Remgro mount as share price discount narrows

23/09/2014 - 10:57
Remgro, the R118bn investment behemoth owned by the Rupert family, is facing great market expectations, with its latest results showing the share price discount on its underlying investments has been whittled down to just a sliver. read more
RCL Foods falls after flagging loss

RCL Foods falls after flagging loss

06/08/2014 - 12:32
Johannesburg - Shares of RCL Foods fall more than 3 percent as the South African firm flags a loss in the year to end June, hit by an acquisition and restructuring costs.  read more
RCL Foods: Approvals granted for Botswana buy

RCL Foods: Approvals granted for Botswana buy

12/05/2014 - 11:06
RCL Foods had received all regulatory approvals to buy a minority stake in Senn Foods Logistics, Botswana’s biggest cold chain distribution business, the parent of Rainbow Chicken said last Friday. read more
RCL shares down on stock-for-sugar deal

RCL shares down on stock-for-sugar deal

25/11/2013 - 08:30
Johannesburg - Shares of South Africa's RCL Foods fell 1.6 percent on Friday, a day after the company said it would issue $394 million in stock to acquire two sugar businesses from its top shareholder Remgro Ltd. read more
RCL Foods Ltd, results for year ended 30 June 2013

RCL Foods Ltd, results for year ended 30 June 2013

28/08/2013 - 09:35
Durban, 27 August 2013: RCL Foods Limited, formerly known as Rainbow Chicken Limited, yesterday issued its results for the year ended 30 June 2013. read more