Tiger Brands and price-fixing Archive
Tiger Brands’ cover-up exposed
0 Comments Published June 26th, 2008 in Tiger Brands and price-fixingStartling details have emerged about last month’s departure from Tiger Brands of financial director Noel Doyle which provide damning evidence that the company covered-up the role of its executives in the price-fixing debacle.
Part of this emerged in the full 150-page Edward Nathan Sonnenbergs report into the price fixing in the bread industry, commissioned by Tiger [...]
In a decision that will please his detractors but raise questions about the timing, Tiger Brands CEO Nick Dennis has resigned from the post, taking “early retirement”.
Dennis has taken considerable heat for a price-fixing scandal at Tiger Brand’s subsidiary, Albany, that will see the company pay R98m to the competition authorities.
Throughout, Dennis claimed he “didn’t know” [...]
Dennis ducks, but Tiger Brands chairman answers the FM
0 Comments Published December 4th, 2007 in Tiger Brands and price-fixing
Tiger Brands has been justifiably slammed over its role in the bread price-fixing scandal, yet CEO Nick Dennis seems to have gone to ground. The FM asked Tiger Brands chairman Lex van Vught for his views on the price-fixing scandal.
FM: Do you feel Tiger Brands has been honest and direct over the price-fixing at Albany?
Lex [...]
Tiger Brands pays less than 1% in turnover at Tribunal
0 Comments Published November 29th, 2007 in Tiger Brands and price-fixingTiger Brands might have survived a humiliating public flogging at the Competition Tribunal, but this doesn’t mean the heat is off CEO Nick Dennis.
Calls for Dennis’ resignation have risen in recent weeks, and this sentiment was boosted by Tribunal chairman David Lewis’ comments that some of Tiger Brands’ staff would be behind bars this Christmas, had this [...]
‘Dennis knew of price-fixing’, claim Tiger Brands staffers
1 Comment Published November 26th, 2007 in Tiger Brands and price-fixingTiger Brands CEO Nick Dennis may be in a great deal of trouble as claims rumble to the surface that he was, contrary to his protestations, well aware of the price fixing going on at his company’s bread making arm, Albany Bakeries.
Dennis, a veteran of the company since 1983, said on radio two weeks ago that he was “gutted” [...]
Should Nick Dennis quit over bread scandal?
1 Comment Published November 18th, 2007 in Tiger Brands and price-fixingAlthough he hasn’t said as much, Nick Dennis, the CEO of Tiger Brands, is fighting for his job - and there are some who would say he doesn’t deserve to keep it.
The fuse, of course, is the nasty Competition Commission probe into how his company through its subsidiary Albany Bread, fixed prices in the bread industry with [...]
