Tiger Brands records bumper profits

JOHANNESBURG - Food producer Tiger Brands has reported bumper full-year profits and lifted its dividend.

This is despite the tough economic environment.

READ: Tiger Brands extends canning unit operation

The maker of Koo products and Albany bread says profits were up by 51 percent.

Tiger Brands CEO Noel Doyle told eNCA that despite the higher costs, they've been forced to fork out millions to keep the lights on during the power cuts.