R/€ = 14.22
R/$ = 11.56
Au 1206.25 $/oz
Pt 1209.50 $/oz
Nov 19, 2009
Sugar producer Illovo Sugar expected the group’s sugar production for the current season to amount to about 1,7-million tons, 200 000 t higher than the year before, if normal growth and operations continued for the remainder of the season. The group on Thursday...
Nov 03, 2009
South African sugar producer Illovo expects to report improved earnings for the first half of the 2010 financial year, as a result of improved sugar prices and increased production in some of its operating regions. The company, led by MD Graham Clark, on Tuesday...
Oct 30, 2009
The World Wildlife Fund for Nature (WWF) and the South African Sugar Association (Sasa) have made public their partnering in a project to help small-scale rural farmers in the Amatikulu catchment to improve their sugarcane yields while reducing the negative...
Oct 15, 2009
The world sugar price would depend heavily on India's position in the market come March 2010, South African Sugar Association (Sasa) executive director Trix Trikam said on Thursday, in Durban. From the 2007/8 season to the 2009/10 season, India went from being a...
Oct 09, 2009
South Africa has the intellectual capital and natural resources to produce renewable bioenergy to power cars, contribute to the national power grid and create thousands of jobs, according to Stellenbosch University’s Professor Johann Görgens.
Aug 21, 2009
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South Africa edged one more step towards a fully fledged ethanol-from-sugar regime earlier this month with the signing of a cooperation agreement by the Brazilian State-owned development bank Banco Nacional de Desenvolvimento Economico e Social (BNDES) and South...
Aug 14, 2009
Significant potential exists for a sugar cane-based renewable energy market in South Africa, but a lack of government incentives continues to hinder the market’s development, said Tongaat Hulett MD Peter Straude at the company’s results presentation, in Johannesburg,...
Aug 14, 2009
Agroprocessing firm Tongaat Hulett remained “very optimistic” about its prospects for 2010 and beyond, CEO Peter Staude said last week. The firm, which has improved its operating performance and operating profit for six consecutive years, was confident that its...
Aug 13, 2009
Aug 12, 2009
Jul 24, 2009
JSE-listed sugar producer Illovo would seek to raise R3-billion in a rights offer to fund expansion projects and repay loans, the company announced on Friday. Illovo would offer 108,3-million shares at a price of R27,69 a share.Illovo would offer 108,3-million...
Jul 24, 2009
The technical resources division of industrial supplies giant Bearing Man Group (BMG) recently commissioned two high-performance Zollern Dorstener sugar cane mill drives at the Nakambala sugar mill, in Zambia.
Jul 22, 2009
Agroprocessing firm Tongaat Hulett on Wednesday said it expected its headline earnings for the first six months of the 2009 financial year to increase by 74% to R440-million, compared with R252-million the year before. Headline earnings a share for the six months...
Jul 17, 2009
The development of El Niño weather conditions later this year, as is currently being forecast by a number of weather services, is likely to raise the price of a range of agricultural commodities, Investec Asset Management's soft commodities analyst Dawid Heyl says....
Jul 03, 2009
South African agroprocessing firm Tongaat Hulett aims to increase sugar cane supplies to ensure the use of its available milling capacity that will be in excess of 1 960 000 t by the 2009/10 season.
Jul 03, 2009
The South African Sugarcane Research Institute (Sasri) reports that diversity is a key factor in today’s highly integrated sugar milling operations.