Tomato sauce maker All Joy Foods is in the red and will be aiming at raising R15m through a rights offer, to provide much needed working capital to repay debt. In 2004 The company went to the market raising about R5m after the government’s National Empowerment Fund bought a 19.9 percent stake in the company. Since 2005 the company’s earnings history had been poor and it had been darting in and out of the black.