The organisation says South Africa must focus on profitable wheat production after the government left the wheat tariff framework unchanged.
The new facility, expected to be completed and commissioned in 2026, will consolidate several smaller inland bakeries into a single high-capacity production hub capable of producing approximately 12,000 loaves of bread every hour.
Industry group says government’s decision to keep the current wheat tariff framework unchanged could weaken local wheat production and increase pressure on farmers.
Grain SA says the government’s decision fails to address rising production costs and delays in the tariff system.
The results underscore Tiger Brands’ strategic transformation efforts, which include value engineering, improved factory efficiencies, and portfolio optimization.