Zimbabwe sugar cane farmers get backing from commercial bank CABS, avails US$2m financing facility
ZIMBABWE – Zimbabwean commercial bank, CABS has availed a US$2 million financing facility to support…
Tongaat Hulett
Tongaat’s turn around strategy yields results reporting 38% rise in half year revenue
SOUTH AFRICA – Sugar producer Tongaat Hulett has delivered significantly improved financial results in a…
Tongaat Hulett’s starch business sale to KKL Group has been rid off Material Adverse Change claims
SOUTH AFRICA – The proposed acquisition transaction of Tongaat Hulett’s starch business by Barloworld subsidiary,…
South African financial watchdog FSCA fines Tongaat Hulett US$1.1m for accounting irregularities
SOUTH AFRICA – JSE-listed sugar and property firm Tongaat Hulett, which was rocked by an…
Tongaat Hulett’s turnaround strategy pays off resulting to18% rise in full-year revenue
SOUTH AFRICA – Tongaat Hulett has made substantial progress in the execution of its turnaround…
Hippo Valley Estates appointments four directors to the board boosting its governance
ZIMBABWE – Hippo Valley Estates Limited, subsidiary of Tongaat Hulett has announced the appointment of…
Competition Tribunal of South Africa gives nod to sale of Tongaat Hulett’s starch business
SOUTH AFRICA – The Competition Tribunal of South Africa has approved the acquisition of Tongaat…
Tongaat Hullet subsidiary Hippo Valley seeks alternative funding for the US$40m sugar cane project
ZIMBABWE – Hippo Valley Estates Limited, subsidiary of Tongaat Hulett is considering alternative sources of…
Namibian food manufacturer Bokomo acquires Tongaat Hulett’s sugar packaging business unit
NAMIBIA – Bokomo Namibia, manufacturer and distributor of quality foods, has confirmed the acquisition of the sugar packaging…
Johannesburg Stock Exchange slaps Tongaat Hulett with a fine for non-compliance with listing requirements
SOUTH AFRICA – Johannesburg Stock Exchange (JSE) has issued a public censure and a maximum…
Tongaat Hulett sells sugarcane farm asset for US$21.7m in quest to reduce debt
SOUTH AFRICA – Indebted South African sugar producer Tongaat Hulett has entered into a R375…
Tongaat Hulett stipulates way forward during the pandemic to ensure continuity of operations
ZIMBABWE – Sugar producer Tongaat Hulett Zimbabwe has developed a business continuity plan (BCP) based…
Tongaat Hulett’s starch business sale hits major setback as buyer plans exit
SOUTH AFRICA – Struggling sugar producer, Tongaat Hulett has been met by a setback on…
Tongaat Hulett reaffirms commitment to cane project in Zimbabwe
ZIMBABWE – Tongaat Hulett Zimbabwe (THZ) has re-affirmed its commitment to the $1 billion Kilimanjaro…
Tongaat Hulett increases hectares to be put under winter maize project to 2,000ha
ZIMBABWE – Tongaat Hulett Zimbabwe (THZ) has availed 2 000 hectares for this year’s food initiative…
Tongaat Hulett to resume sugar production in Mozambique after injecting US$29.5m
MOZAMBIQUE – South African based sugar producer, Tongaat Hulett is set to resume operation at…
Tongaat Hullet offloads starch business for US$342.6m in debt recovery efforts
SOUTH AFRICA – Tongaat Hulett is offloading its 100-year-old starch business to the subsidiary of…
Tongaat Hulett to sell its starch division as part of debt recovery plan
SOUTH AFRICA – Sugar producer, Tongaat Hulett has entered into negotiations for the potential sale…
Tongaat Hulett shares plunge 63% as trading resumes on JSE
SOUTH AFRICA – Embattled sugar processor Tongaat Hulett’s shares plunged by over 63.66%, on Monday…
Embattled sugar processor Tongaat Hulett to resume trading on local bourse
SOUTH AFRICA – Tongaat Hulett’s shares could be back for investors to trade on the…
Tongaat Hulett shareholders approves its credit acquisition plan
SOUTH AFRICA – Shareholders of South African based diversified agribusiness firm, Tongaat Hulett have given…
Tongaat Hulett to dispose its Namibian business to Bokomo Namibia
NAMIBIA – South African based diversified agribusiness firm, Tongaat Hulett has indicated plans of channelling…
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…
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…