WE NOURISH AND NURTURE MORE LIVES EVERY DAY
Tiger Brands is one of Africa’s largest, listed manufacturers of fast-moving consumer goods (FMCG). Our core business is manufacturing, marketing and distributing everyday branded food to middle-income consumers. We also distribute leading brands in the home, personal care and baby sectors.
In South Africa, Tiger Brands has prominent market shares in a broad range of categories, growing for almost a century through acquisitions and developing its brands.
Our markets
We summarise key issues and trends in our operating environment for further insight on our performance.
South African economy
- South Africa out of sync with global recovery, and briefly slipped into recession in 2017 (first time since 2009)
- SA current business cycle downswing has lasted four years, marking the second longest downturn in its history
- Fiscus under extreme pressure:lower tax collections (estimate – R51 billion), higher contingent liabilities from treasury guarantees on borrowings by state-owned entities (R689 billion), sovereign credit rating downgrades (with further downgrades likely)
EXPORT TERRITORIES
- Angola
- Burkino Faso
- DRC
- Equatorial Guinea
- Ethiopia
- Ghana
- Kenya
- Liberia
- Madagascar
- Malawi
- Mauritius
- Mozambique
- Namibia
- Niger
- Nigeria
- Rwanda
- Reunion
- Seychelles
- Sierra Leone
- Sudan
- Tanzania
- Uganda
- Zambia
- Zimbabwe