• Riyaadhuth Thaakereen - Live Thikr Programme
    Wed, 4:00 am - 5:00 am
    [ - ]


Radio Islam Logo

((( Listen Live )))))
Radio Islam Logo

Calls on Tiger Brands to halt retrenchment talks and contemplate alternatives

Jun 24, 2022


By Neelam Rahim

Masses of fruit, the maximum amount as ninety, plenty of peaches, apricots, and pears within the Western Cape square measure in danger. They can have obscurity to travel following Tiger Brands’ call to shut its Langeberg and Ashton canning manufacturing plant once its sale to a prospective purchaser fell through. However, Agri SA says the company should focus on finding new patrons.

This will have fateful implications for the province’s farming communities, threatening quite four-five hundred jobs and disrupting crucial price chains.

Between seventy to ninety, plenty of fruit unfolds across two 250 hectares of canning orchards will be placed in hazard with various restricted destinations on the market, Jacques Jordaan, CEO of the Canning Fruit Producers’ Association, told the Business corporate executive South Africa.

Jordaan expects the associated monetary losses to be one billion rands.

The decision to shut the canning manufacturing plant follows Tiger Brands’ exit from its deciduous fruit business two years past. At the time, the corporate planned to target producing and distributing everyday branded food and beverages that best aligned with its portfolio.

The company aforementioned, the Langeberg ANd Ashton food division, manufactures purees and canned fruit primarily for the export market in a business riddled with the impacts of trade barriers and heightened competition within the native produce market. Not to mention fluctuations in exchange rates and world crop yield furthermore volatility, Tiger Brands aforementioned in an exceeding statement.

A pool of a hundred and sixty producers has been secured in negotiations with Tiger Brands to amass the manufacturing plant. However, they need a further R200 to R300 million for the deal to travel through in but sixty days, says Agri SA’s executive Christo van der Rheede.

The Department of Trade, business and competition (the DTIC) is asking Tiger Brands to halt the discussions on retrenchment following its announcement.

Dtic Minister Ebrahim Patel has aforementioned in an interview with Business Report that he has assembled AN intimate group of officers who have known potential choices over the past period. These embrace the identification of potential patrons of the operation.

“We turn Tiger Brands to permit the method the chance to be completed. Tiger Brands has been the owner of those assets for several years and will work co-operatively with the govt. To search out the most effective potential resolution for the Ashton community and employees,” Patel aforementioned.

“From the government’s perspective, the closure of the operations is going to be devastating to the city and community. Touching farmers, employees and businesses within the square measure space depend on the economic spin-offs from the Langeberg and Ashton Foods operations. Each effort ought to be created to avoid closure of the plant,” Patel aforementioned, as per IOL.


Prime Spot!!!


Related Articles

Gender-Based Violence Cost More than R36 Billion

Gender-Based Violence Cost More than R36 Billion

By Neelam Rahim New research indicates that the cost of gender-based violence in South Africa could be higher than the estimated R36 billion. The figure was calculated as part of a research project by the Shared Value Africa Initiative and the University of...

read more
Prominent Taliban scholar killed in Kabul attack

Prominent Taliban scholar killed in Kabul attack

By Neelam Rahim A prominent Taliban religious leader, Sheikh Rahimullah Haqqani, has been killed in a bombing attack at a seminary in Kabul. Speaking to Radio Islam International Independent Political analyst with a particular focus on Afghanistan, Hashmatullah Muslih...

read more
The Palestine Report

The Palestine Report

By Neelam Rahim  Concerning the bus shooting that occurred near Masjidul-Aqsa. Hafez Ebrahim said the incident happened in the early hours of Sunday morning when a Palestinian had opened up fire on an Israeli Jewish settler bus. Many Jewish settlers were wounded, some...

read more
13 New Ministers After Egypt Cabinet Reshuffle

13 New Ministers After Egypt Cabinet Reshuffle

By Abu Muhammad  This is Egyptian president Abdel Fattah al-Sisi's third cabinet reshuffle since he came into power in 2018. The changes that have been implemented show that the focus is on reviving the Egyptian economy that has been devastated by Covid. The...

read more

Subscribe to our Newsletter


Submit a Comment

Your email address will not be published.