RCL Foods

RCL Foods Limited
Company typePublic company
JSE: RCL
IndustryConsumer Goods
PredecessorRainbow Chicken Ltd.[1]
Founded1960[1]
Headquarters
Westville, KwaZulu-Natal
,
South Africa[2]
Area served
South Africa, Eswatini, Namibia, Botswana, and Zambia
Key people
Paul Cruickshank (CEO)
Rob Field (CFO)
Jannie Durand (chairman)[3]
RevenueIncrease R34.9 billion (FY 2022)[4]
Increase R1.1 billion (FY 2015)[4]
Increase R751.8 million (FY 2015)[4]
Number of employees
20,479[5]
Websitewww.rclfoods.com

RCL Foods Limited is a South African consumer goods and milling company.

Founded in 1960 as Rainbow Chicken Ltd,[1] the company has its headquarters in Westville near Durban, and employs over 20,000 people.

RCL is 77.7% owned by the South African investment firm Remgro.[6] In 2017, the company announced it would be cutting its workforce by 1,350 people due to increased chicken imports into South Africa from Europe and the US following the signing of trade agreements with them.[7][8][9]

  1. ^ a b c "Our History". RCL Foods. Retrieved 2017-06-29.
  2. ^ "Contact Us". RCL Foods. Retrieved 2017-06-29.
  3. ^ "Board of Directors". RCL Foods. Retrieved 2017-06-29.
  4. ^ a b c "RCL FOODS LIMITED UNAUDITED GROUP FINANCIAL RESULTS AND CASH DIVIDEND DECLARATION" (PDF). RCL Foods. December 2015. Retrieved 13 August 2016.
  5. ^ "Abridged Annual Report 2015" (PDF). RCL Foods. 30 June 2015. Retrieved 13 August 2016.
  6. ^ "Rainbow Farms and TSB help lift RCL Foods earnings". Business Day Live. Retrieved 2016-08-13.
  7. ^ "35% of SA's poultry products from EU: Fawu | IOL". Retrieved 2017-01-13.
  8. ^ "Rainbow Chicken on a knife edge | IOL". Retrieved 2017-01-13.
  9. ^ MAGWAZA, NOMPUMELELO. "Poultry woes spark Rainbow rethink". Sunday Times. Retrieved 2017-01-13.