R/€ = 14.15
R/$ = 10.32
Au 1230.27 $/oz
Pt 1359.50 $/oz
Aug 13, 2013
JSE-listed Illovo Sugar on Tuesday announced that it had appointed subsidiary company Ubombo Sugar’s current MD John Hulley group operations director from September 1. This followed the appointment of current group operations director Gavin Dalgeish as group MD, to...
Jul 06, 2012
Sugarcane crop production in the 2011/12 season recovered somewhat from the effects of the drought experienced in the 2010/11 season, the South African Cane Growers’ Association (Canegrowers) reports
Jul 06, 2012
Sugar producer Illovo aims to limit its waste and improve the return on every stick of sugar cane by producing and marketing a number of niche, high-value downstream products in addition to its core products of sugarcane fibre, sugar and molasses.
Jun 08, 2012
Boiler and environmental solutions provider John Thompson, a division of electrical products supplier Actom, is now offering the sugar industry, as well as other industrial users that want to burn biomass, high-pressure monodrum boilers.
Jul 19, 2011
JSE-listed sugar producer Illovo said on Tuesday that the group continued with its drive to consolidate its position in South Africa and to significantly increase its cane and sugar production capacity outside the country. In the latest chairperson report, Robert...
May 16, 2011
JSE-listed sugar producer Illovo on Friday said that it had successfully raised R939-million in Swaziland to fund its Umbombo expansion and cogeneration project. MD Graham Clark said that the funding had been critical to the company’s expansion plans and would...
Nov 18, 2010
JSE-listed sugar producer Illovo expects its sugar output for the 2011 financial year to be similar to the 1,7-million tons of sugar produced in the year ended March 31, 2010, but warned that its earnings would be lower, owing to foreign exchange impacts. Sugar...
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...
Jul 27, 2009
Nov 04, 2008
Jul 29, 2008
Sugar producer Illovo has appointed operations director Graham Clark as new MD, succeeding Don MacLeod, who will be retiring at the end of March. MacLeod, who has been MD of Illovo since 1992, would remain a board member as a nonexeuctive director and would become...
May 20, 2008
JSE-listed sugar producer Illovo informed shareholders that Michael John Hankinson was appointed as a nonexecutive, independent director of the board, with effect from Tuesday, May 20. Hankinson was said to have considerable experience in the corporate sector, and...
Apr 17, 2008
JSE-listed sugar producer Illovo has repossessed its Umfolozi sugar mill, after Umovti Transport failed to meet certain key considerations in the sale agreement, it said on Thursday. Illovo announced in 2005 that it was selling its Umfolozi mill, in KwaZulu-Natal,...
Jan 17, 2008
Sugar producer Illovo said on Thursday that owing to unfavourable weather conditions in the latter part of the current season final sugar production in both South Africa and in Zambia was lower than previously projected.
Nov 21, 2007
Nov 14, 2007
Sugar producer Illovo, in partnership with the Government of Mali, on Wednesday announced the construction of a new factory complex in Mali, worth an estimated R1,4-billion.
Jul 24, 2007
South African sugar producer Illovo’s sugar production was expected to increase by over 200 000 t, to 1,92-million tons, in 2007, chairperson Robbie Williams said on Tuesday.
May 22, 2007
South African sugar producer Illovo Sugar lifted full-year headline earnings by 46%, to R515,3-million, and headline earnings a share by 43%, to 149,1c a share, on the back of higher sugar prices, which helped offset the impact of lower production in South Africa and...
Apr 20, 2007
The privately owned Ethanol Company of Malawi (Ethco) is importing a flex-fuel vehicle from Brazil to be used in a government-backed initiative to investigate the practicability of using ethanol-based fuels to power vehicles.
Apr 02, 2007
South African sugar producer Illovo has approved a R1,4-billion expansion project in Zambia, kicking off early this month, which will enable the company to double the capacity of the factory in that country.
Mar 02, 2007
Malawi has embarked on a public–private partnership (PPP) project to promote the use of alternative energy sources in the Southern African country, where deforestation is a critical issue, owing to overdependence on fuel wood as a major source of energy.
Feb 16, 2007
The Malawi government says the implementation of its $8,3-million science plan – launched last year in line with the New Partnership for Africa’s Development (Nepad) goal of bringing about economic success in African countries by fostering rapid...
Jul 21, 2006
Barely 18 months after the launch of the Mtwara Development Corridor, investors from countries such as Canada, Brazil, Australia, South Africa and Malawi have injected a total of over $900-million in different projects on Malawi’s side of the corridor, which is...
Apr 24, 2006
South African sugar producer Illovo has issued a trading update in which it indicates that it expects earnings to be 'substantially' higher.
Oct 21, 2005
Malawi, whose number-two export is sugar produced by South African group Illovo, has expressed concern over the European Union’s decision to reduce by 39% its buying price for sugar from developing countries that are benefiting from the EU’s quota pricing...