Latest Breaking News On - Rhodes food group - Page 10 : comparemela.com
MONEYWEB
app instead?
By Keith McLachlan
25 May 2021 00:01
Open:
Open:
24 May 21
Open:
Open:
Open:
Open:
House-brand products are taking a bite from the brand premiums historically enjoyed by listed food processors. Image: Dean Hutton, Bloomberg
The current debate of whether inflation is transitionary or structural has a sub-argument that references rising soft commodity prices, food inflation, and struggling consumers â and argues that food producers will be caught in the middle.
This narrative makes some sense: rising input costs cannot be fully passed onto struggling end-consumers and someone is going to have to absorb this.
But is this view correct and what does it mean for our JSE-listed food processors?
Oceana
Limpopo
South-africa
Oceana-group
Pickn-pay-stores
Rhodes-food-group
Shoprite-holdings
Spar-group
Tiger-brands
பெருங்கடல்
பெருங்கடல்-குழு
Pies and fruit juice are popular staples in South Africa, providing a convenient meal on the go or tucked into children’s lunchboxes. They are also two of the largest product categories at RFG Holdings, the company previously called Rhodes Food Group.
So, the government’s perhaps irrational decision to ban the sale of hot food in supermarkets dented sales at RFG Holdings last year. This year, travel restrictions during the December holiday period had a similar effect, with fewer vehicles on the road and reduced sales of pies and baked goods in convenience stores and forecourts. Similarly, restrictions on entertainment and leisure activities during the summer holidays season, as well as the delayed start of the school year, resulted in a slowdown in juice sales.
South-africa
Gauteng
Kwazulu
Eastern-cape
Natal
Bruce-henderson
Ma-baker
Anthony-clark
Small-talk-daily-research
Rhodes-food-group
Rhodes-food
Bull-brand
vimarsana © 2020. All Rights Reserved.