SOUTH AFRICA – Embattled sugar producer Tongaat Hulett has called off its recapitalization deal with Mauritius-based Magister Investments. In 2021,…
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USA based Lusitania Investment Capital eyes Tongaat Hulett’s operations in Mozambique
MOZAMBIQUE – The American company, Lusitania Investment capital LLC, has showcased interest of acquiring assets of Indebted sugar producer Tongaat…
Read MoreKenya to increase imported sugar volumes following decline in production, rise in consumption
KENYA – Sugar production in Kenya is forecast to decrease by 4 percent in MY 2022/23 to 660,000 MT due…
Read MoreNigeria still heavily reliant on sugar imports as production stagnates at 70,000mt against local demand of 1.62 mmt
NIGERIA – Nigeria’s current 10-year Sugar Master Plan (NSMP), launched in 2012 aimed to boost local production of the sweetener…
Read MoreTongaat Hulett’s chairperson steps down as its rights issue plan takes nose dive
SOUTH AFRICA – The Chaiperson and Non-Executive Director of the Tongaat Hulett board, Mr Louis von Zeuner, has regrettably informed…
Read MoreIndia’s government plans to restrict sugar exports to manage domestic prices
INDIA— India, the world’s biggest producer of sugar and the second-largest exporter after Brazil, is planning to restrict sugar exports…
Read MoreTagatose to be classified as an added sugar when used in foods, US Food regulator rules
US – The United States Food and Drug Administration (FDA) has ruled that tagatose — a naturally occurring but rare…
Read MoreTongaat Hulett in search of new group chair after Louis von Zeuner’s resignation
SOUTH AFRICA – Embattled sugar producer Tongaat Hulett has announced the resignation of its chair Louis von Zeuner. The group…
Read MoreUgandan sugar miller Sarrai opens new factory with processing capacity of 4000 tonnes per day
UGANDA – Sarrai Group, a conglomerate of diverse and inter-related agro-manufacturing companies across East and Southern Africa, has inaugurated a…
Read MoreSucro Can Canada announce intentions to expand sugar refining capacity
CANADA — Sugar refinery Sucro Can Canada announced its intentions to expand the sugar refining capacity of Hamilton refinery by…
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