Zambian company to set up a US$166m sugar refinery

ZAMBIA – Mobe Sugar Company, a wholly owned Zambian private manufacturing company has initiated talks with Luanshya Municipal Council, North-Central Zambia on opening a sugar refinery and auxiliary factories in the district worth over US$166 […]

Kwale cane miller gets greenlight to resume cane milling

KENYA – Kenya’s ultra-modern sugar factory, the Kwale International Sugar Company Limited (KISCOL) has finally started crushing cane after it got the green light from a Kenyan high court to resume production. A protracted legal […]

USDA announces intent to ensure adequate sugar supply as production estimates decline

USA – The U.S. Department of Agriculture (USDA) has announced that it fully intends to take appropriate actions to ensure an adequate supply of sugar to the US market. In the recent past, prospects for […]

Government of Zimbabwe, Tongaat Hulett to launch US$40m sugar cane project

ZIMBABWE – The Kilimanjaro sugar cane project in South-East Zimbabwe worth US$40m is ready to be commissioned by the Government of Zimbabwe in partnership with Tongaat Hulett Zimbabwe, an agribusiness company. The project will open […]

Sugar processor Tongaat postpones release of audited full year financial results

SOUTH AFRICA – South African based sugar producer, Tongaat Hulett, has again postponed the release of its audited financial statement for the latest full year ended March 31 from the previously anticipated release date of […]

French firm Tereos to shut sugar operations in Kenya and South Africa

KENYA – French sugar maker Tereos said Tereos Commodities will close its offices and halt sugar trading in Kenya and South Africa as part of a global review of its strategy. Tereos, which reported a […]

Stock exchange suspends Tongaat Hullet’s Zimbabwe unit

ZIMBABWE – The Zimbabwe Stock Exchange (ZSE) has suspended Tongaat Hullet Zimbabwe’s subsidiary, Hippo Valley Estates Limited, from trading its shares on the local bourse. According to the stock exchange, the follows the sugar giant’s […]