R/€ = 13.13
R/$ = 11.56
Au 1262.45 $/oz
Pt 1228.50 $/oz
Jul 02, 2010
Finance was a significant concern at the recent Kingsman Asia Pacific sugar conference in Singapore, reports market analyst and broker in the world sugar and biofuels markets Kingsman.
Jul 02, 2010
Equipment design, project management and engineering specialist Bosch Projects was recently commissioned by JSE-listed sugar producer Illovo Sugar to complete a front-end package (FEP) which includes providing the design and capital cost estimates for the expansion...
May 31, 2010
Southern African sugar producer Illovo was expecting the 2011 financial year to be a difficult one for the group, with volatile world sugar prices and the financial crisis in the Euro zone expected to negatively impact on currency values. The group, led by MD Graham...
May 14, 2010
JSE-listed agroprocessor Tongaat Hulett said on Friday that it expected to report headline earnings of between R840-million and R860-million, when releasing its 15-month year-end results on May 28. The company said that the rise in earnings would account for a 34%...
Mar 01, 2010
As global sugar prices and demand continue to improve, agricultural company Tongaat Hulett plans to increase its sugar output to 1,9-million tons a year over the next few years. CEO Peter Staude said on Monday that the company would focus on bringing its production...
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
Aug 21, 2009
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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
Diversified mining company Anglo American has sold its stake in South African sugar producer Tongaat Hulett for R4,2-billion (about $523-million), it said on Thursday. Late last month, the group sold its stake in Hulamin for R1,16-billion.
Aug 12, 2009
Anglo American will sell its 49,5% shareholding in South African agroprocessing firm Tongaat Hulett, as partAnglo American will sell its 49,5% shareholding in South African agroprocessing firm Tongaat Hulett, as part of its strategy to focus on its core mining...
Aug 07, 2009
If South Africa’s sugar industry is to grow, it has to keep an eye on new markets and opportunities, one of which may, once current restrictions are overcome, manifest in sugar cane-based energy.
Aug 03, 2009
Agroprocessing firm Tongaat Hulett remained “very optimistic” about its prospects for 2010 and beyond, CEO Peter Staude said on Monday. The firm, which has improved its operating performance and operating profit for six consecutive years, was confident that its...
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.