#ListeriosisOutbreak - Tiger brands share price falls by 7%

By Staff Reporter Time of article published Mar 5, 2018

Share this article:

JOHANNESBURG - Following the announcement by Health Minister Aaron Motsoaledi on Sunday that processed food manufacturers Enterprise and Rainbow Chicken Limited had been issued with safety recall notices, Tiger Brands share price has seen a significant drop.

Enterprise Foods, which is a division of Tiger brands has been fingered, following an in-depth investigation by scientists into the listeriosis outbreak in the country.

Have you read: Bought viennas? Get your money back now, says Woolworths

Poor hygienic standards have been blamed for the listeriosis outbreak that has claimed over 180 lives to date.

ALSO READ: RCL Foods recalls polony meat over listeriosis outbreak, halts production

By 10:30 Monday morning Tiger brands share price had fallen sharply, losing 7.1% at 39466.

Tiger brands has announced that it will meet with the National Consumer Commission today and thereafter brief members of the media.

Take a look at how people have reacted to news of the outbreak on twitter below:





Share this article: