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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
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Jul 03, 2009
The South African Sugar Association (Sasa) reports that the country’s sugar industry is one of the world’s leading cost competitive producers of high quality sugar, and contributes to job creation - particularly in rural areas, sustainable development and to the...
Jul 03, 2009
Supplier of specialised electric motors Zest Electric Motors has installed and commissioned two regenerative variable speed drives at sugar producer Illovo Sugar’s Noodsberg sugar mill, in KwaZulu-Natal.
Jun 26, 2009
It is imperative that equitable market access opportunities are established for all sugar producers in the region, in order to establish a strong and regionally integrated sugar sector in the Southern African Customs Union (Sacu) and the Southern African Development...
Jan 17, 1970
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