Edition:
India

RCL Foods Ltd (RCLJ.J)

RCLJ.J on Johannesburg Stock Exchange

1,684.00ZAc
20 Aug 2018
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Latest Key Developments (Source: Significant Developments)

RCL Foods Says So Far Incurs 75 Mln Rand Costs Associated With Product Recall, Suspension Of Ops At Wolwehoek Processing Plant​
Monday, 26 Mar 2018 

March 26 (Reuters) - RCL Foods Ltd ::‍UPDATES ON FINANCIAL IMPACT OF PRODUCT RECALL AND SUSPENSION OF OPERATIONS AT WOLWEHOEK PROCESSING PLANT​.‍IDENTIFIABLE COSTS INCURRED TO DATE, ASSOCIATED DIRECTLY WITH RECALL AND SUSPENSION OF PRODUCTION, ARE ESTIMATED TO BE APPROXIMATELY R75M​.‍THERE IS FINANCIAL IMPACT ASSOCIATED WITH LOST CONTRIBUTION ON POLONY PRODUCTS BEING OUT OF TRADE.‍THERE IS FINANCIAL IMPACT ASSOCIATED WITH UNEXPECTED IMPACT ON BALANCE OF RAINBOW'S CHILLED PROCESSED MEATS AND OTHER CHICKEN CATEGORIES​.‍MANAGEMENT ESTIMATES PROFIT IMPACT TO BE APPROXIMATELY R20M PER MONTH ​.‍ACTIVELY ENGAGING GOVERNMENT IN ORDER TO RESUME OPERATIONS AT WOLWEHOEK PROCESSING PLANT AS SOON AS POSSIBLE​.  Full Article

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South Africa blames food firms for world's worst listeria outbreak

JOHANNESBURG South Africa said on Monday producers of cold meat products were to blame for delays in tracing the cause of the world's worst listeria outbreak, which has killed 180 people in the past year. | Video