Tiger has gone to great lengths to claim that its senior executives did not have any knowledge of the collusive behaviour happening under their watch.
The business sector in South Africa must play an active role in poverty eradication, Business SA said on Tuesday. CEO Jerry Vilakazi said business should commit to working with other social partners to bring about social change. He was addressing the two-day Business, Development and Poverty conference in Sandton.
No image available
/ 12 February 2008
Tiger Brands has appointed Peter Matlare as its new CEO from April 1, the company announced on Tuesday. ”We believe he will bring a diverse set of skills and leadership abilities to Tiger Brands,” Tiger Brands’s non-executive chairperson Lex van Vught said in a statement.
No image available
/ 7 December 2007
Platinum-mining stocks were propping up the JSE in noon trade on Friday, enhancing gains driven by Wall Street in the morning session. By 11.58am, the JSE all-share index lifted 0,7%, supported by a 3,24% advance in the platinum-mining index. Resources collected 0,94% but the gold-mining index dipped 0,87%.
No image available
/ 7 December 2007
Tiger Brands chief executive Nick Dennis has advised the company’s board of directors that he intended to take early retirement. He would also resign as a director of the company with effect from the conclusion of the annual general meeting of shareholders, scheduled for February 19 2008.
No image available
/ 28 November 2007
The R98,7-million penalty imposed on Tiger Brands was too lenient, the Congress of South African Trade Unions said on Wednesday at a Competition Tribunal hearing in Pretoria. ”Bread in particular is a diet of the poorest and it is appalling that people should enrich themselves by robbing the poor,” it said.
No image available
/ 14 November 2007
Tiger Consumer Brands, which owns Albany Bread, did not profit from the fixing of the price of bread, the company said on Tuesday. "The company did not benefit from the price-fixing. I don’t know who did, but we did not," said spokesperson Jimmy Manyi.
No image available
/ 12 November 2007
Tiger Brands has been ordered to pay a R98,7-million penalty by the Competition Commission after admitting to participating in bread and milling cartels, the commission announced on Monday. Tiger Brands also agreed to assist the commission in prosecuting remaining cartel members who have not cooperated with the commission.