SA's Tiger Brands to focus on home market after Africa review

Tiger Brands sold its Nigerian business to billionaire Aliko Dangote. PHOTO | STEPHANE DE SAKUTIN | AFP

South African food company Tiger Brands has almost completed its strategic review and will return its focus to middle-income consumers in its home market, it said after posting a 6.3 per cent rise in half-year profit.

Tiger Brands, which makes bread, breakfast cereals and energy drinks, started the review under new chief executive Lawrence MacDougall after heavy losses in Nigeria.

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