Rainbow estimates listeriosis will cost it R75 million – plus R20 million a month in profits

2018-03-26 18:36

For Rainbow, and its chicken polony, Listeria will cost a lot less than Tiger Brands will lose through its Enterprise business.

Kenya bans SA meat products as listeria scare spreads

2018-03-06 16:31

Kenya's health ministry has announced a ban on the import and sale of certain South African processed meat products after a listeria outbreak that has killed at least 180 people.

Blood bath as Rainbow job hopes fade

2016-11-13 05:59

The blood bath in the poultry industry has gathered pace, with almost 800 jobs set to be lost at RCL Foods’ Camperdown plant in KwaZulu-Natal.

Rainbow‚ Foodcorp deal gets the nod

2013-04-25 19:17

The Competition Tribunal has approved Rainbow Chicken’s acquisition of a 64% interest in Foodcorp with conditions‚ which were not immediately available.

Foodcorp fined R88m for price-fixing

2012-12-13 14:00

The competition watchdog has levied a R88.5m price-fixing fine on consumer foods maker Foodcorp, a takeover target of poultry producer Rainbow Chicken.

Rainbow Chicken strike continues

2011-06-09 14:10

Workers at the poultry firm's processing plants and farms are in the second week of a strike to support demands for higher wages and reduced hours.

Inventory turn

2010-06-02 15:24

The inventory table, unfortunately, can only be applied selectively.

The critical 'one'

2010-06-02 15:16

The return on Equity/Cost of Equity : This year’s table ranks 150 listed companies as creating shareholder value in 2009.


Watchdog's hands tied on processed meat facilities

2018-03-09 13:36

National regulator NRCS has told Parliament that it does not have the mandate to proactively review the standards of meat processing facilities, but can check them against legislated standards if delegated to do so.

Municipality to buy Rainbow Chickens’ poultry farms

2017-05-14 06:33

In a bid to help workers and community members affected by the mass layoffs at Rainbow Chickens – renamed RCL Foods – in Hammarsdale in KwaZulu-Natal, the eThekwini Municipality has offered to buy two of the RCL farms.

No pot of gold at the end of this rainbow

2016-10-02 08:25

Chicken producer to retrench due to soaring number of cheap, dumped imports and a five-year run of losses.

Rainbow Chicken buys stake in Zam Chick

2013-02-04 11:19

Rainbow Chicken shares fell more than 6% after the company said it would pay $14.25m in cash for Zambian Zambeef's 49% stake in Zam Chick.

Rainbow Chicken in bid to raise R3.9bn

2012-12-06 14:36

Rainbow Chicken says it plans to raise R3.9bn through a rights offer to fund growth projects.

Govt wants probe into chicken farm death

2011-04-07 21:12

Government has called for a full investigation into the death of a worker at a Rainbow Chicken farm.

EPS: a deeper meaning

2010-06-02 15:21

The beauty of the EPS table is that you can spot the ‘sleepers’ – the companies that deserve wider recognition due to superior performance over five years.

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