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The Company continues to experience difficult trading conditions as consumer spending remains under pressure

OK, and then another major, Tiger Brands. Formally Tiger Oats. Well known brands such as Jungle Oats, Tastic Rice, Ace Maize meal and Albany bread. The producers of these staples and is where the revenue is all at for this well established South African business. And not Black Cat peanut butter, Pasta Fatti's & Moni's Pasta and the favourite Koo brands. Domestic revenues for the half year to March was 8.356 billion Rands, of which Grains and Milling & Baking make up 7 billion of that. There is a telling line in the prospects column which tells me that the local consumer is still under pressure: The Company continues to experience difficult trading conditions as consumer spending remains under pressure. Another rate cut?


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