Tiger Downward Growth Revision Ties Into Consumer View

South Africa's largest food company by annual sales (see table) Tiger Brands has cautioned that net income for the year to September 30 2010 will be weaker than previously anticipated, as consumer confidence remains stubbornly weak. BMI has argued through 2010 that a recovery in the real economy would be fairly protracted with high unemployment and weak household finances continuing to prop up discretionary

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