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Tag: Tongaat Hulett

Tongaat Hulett requests temporary suspension on JSE due to delayed financial results, restructuring plan

Jul 15, 2022Jul 15, 2022

SOUTH AFRICA – Debt ridden Tongaat Hulett has approached the Johannesburg Stock Exchange (JSE) for a temporary suspension of its…

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AFRICAN NEWS LATEST NEWS Sugar & Confectionery 

Tongaat yet to fill debt hole as it cancels deal with Magister, rejects offer for Mozambican assets

Jun 25, 2022Jun 25, 2022

SOUTH AFRICA – Embattled sugar producer Tongaat Hulett has called off its recapitalization deal with Mauritius-based Magister Investments. In 2021,…

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AFRICAN NEWS LATEST NEWS Sugar & Confectionery 

USA based Lusitania Investment Capital eyes Tongaat Hulett’s operations in Mozambique

Jun 22, 2022Jun 22, 2022

MOZAMBIQUE – The American company, Lusitania Investment capital LLC, has showcased interest of acquiring assets of Indebted sugar producer Tongaat…

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AFRICAN NEWS LATEST NEWS Mergers & Acquisitions Sugar & Confectionery 

Tongaat Hulett’s chairperson steps down as its rights issue plan takes nose dive

Jun 6, 2022Jun 6, 2022

SOUTH AFRICA – The Chaiperson and Non-Executive Director of the Tongaat Hulett board, Mr Louis von Zeuner, has regrettably informed…

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AFRICAN NEWS LATEST NEWS People News 

Tongaat Hulett in search of new group chair after Louis von Zeuner’s resignation

May 19, 2022May 19, 2022

SOUTH AFRICA – Embattled sugar producer Tongaat Hulett has announced the resignation of its chair Louis von Zeuner. The group…

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AFRICAN NEWS LATEST NEWS People News Sugar & Confectionery 

Tongaat Hulett appoints sugar industry veteran Graham Clark to its board

Apr 25, 2022Apr 25, 2022

SOUTH AFRICA – South African sugar producer Tongaat Hulett, has appointed Graham Clark, the former MD of Illovo Sugar as…

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AFRICAN NEWS LATEST NEWS People News Sugar & Confectionery 

Economic headwinds weigh down Tongaat Hulett’s performance widening its headline loss to US$75m

Jul 13, 2021Jul 13, 2021

SOUTH AFRICA – Sugar producer Tongaat Hulett, has posted a wider headline loss of R1.1 billion (US$75m) for its financial…

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AFRICAN NEWS Financials & Economy LATEST NEWS Sugar & Confectionery 

South African sugar manufacturing giants RCL Foods, Tongaat Hulett expect rise in full year earnings

Jul 3, 2021Jul 3, 2021

SOUTH AFRICA – RCL Foods, South African consumer goods and milling company expects its profit for the year ended June…

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AFRICAN NEWS Financials & Economy LATEST NEWS Sugar & Confectionery 

Zimbabwe sugar cane farmers get backing from commercial bank CABS, avails US$2m financing facility

Feb 24, 2021Feb 24, 2021

ZIMBABWE – Zimbabwean commercial bank, CABS has availed a US$2 million financing facility to support sugar cane farmers in the…

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AFRICAN NEWS Agriculture & Agribusiness Grains, Milling, Baking & Feed LATEST NEWS 

Tongaat’s turn around strategy yields results reporting 38% rise in half year revenue

Dec 14, 2020Dec 14, 2020

SOUTH AFRICA – Sugar producer Tongaat Hulett has delivered significantly improved financial results in a period of substantial volatility and…

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AFRICAN NEWS Financials & Economy LATEST NEWS Sugar & Confectionery 

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  • #BeverageGoodFriday: New products from Fever-Tree, Black Tower, Boston Beers, Angry Orchard, Rancho La Gloria
  • Green Cola and Chitos merge to expand presence internationally in beverage sector
  • Cooke Seafood group expands footprint with the acquisition of Belgian shrimp processor Morubel
  • Coca-Cola bottler Liberty to introduce fiber-based paper packaging format in US market
  • Lion Brewery divests two UK craft breweries to Odyssey Inn to focus more on established markets

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 12, 2022

Your first issue of Milling & Baking Africa Magazine is available online - https://t.co/uYbY77jaMT

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August 12, 2022

Ugandan animal feed processor Kamp Group receives US$2.6m from Yield Fund https://t.co/TXHhdXpBE0
#FoodNews #FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #Feed #animalfeed @EUinUG @IFADEastAfrica @nssfug @fca_investments @OpenSociety @OpenSocietyEA

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August 12, 2022

Libstar heightens focus on food category snaps up dry condiments maker Cape Foods https://t.co/9haHhH1K60
#FoodNews #FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #FMCG #Consumergoods @LibstarSA

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August 12, 2022

Psaltry International, Unilever Nigeria, FCMB partner to establish Africa’s first cassava-based Sorbitol factory https://t.co/UylpNKk18a
#FoodNews #FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #FoodIngredients @Psaltryltd @MyFCMB @UnilCareersNig

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August 12, 2022

Foodtech company GrubTech partners Geidea to streamline e-payment among Egyptian clientele https://t.co/VJBKnruzId
#FoodNews #FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #fooddelivery #foodtech @grubtech @geidea

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