Tiger Brands looks to rest of Africa — with new plan

The owner of the Oros brand is unfazed by previous failures in Nigeria

Tiger Brands is mulling rolling the dice again in the rest of Africa, four years after heavy losses in its Nigerian operations forced SA’s largest food producer to scale back on cross-border expansion.

The maker of Oros juice, Koo canned food and Tastic rice has been pulling back elsewhere on the continent, selling loss-making businesses in Nigeria and East Africa in a refreshed strategy under CEO Lawrence MacDougall, who took over from Peter Matlare in 2016.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

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