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Tag: tongaat
Zimbabwe: Tongaat Allays Sugar Shortage Fears
2016-02-03 07:05:46| Sugar Industry News
Triangle-based sugar milling company Tongaat Hulett has assured the nation that there are enough stocks of sugar despite fears that the current low rainfall may affect cane production. Media reports yesterday suggested that the country was facing a sugar shortage due to drought. In a statement yesterday, Tongaat Hulett corporate affairs and communications manager Ms Adelaide Chikunguru said current stocks were enough to last even up to 2017.
Tags: sugar
zimbabwe
fears
shortage
Tongaat Hulett SwazilanD profits down by E41m
2015-05-26 08:45:51| Sugar Industry News
THE reduction in export sucrose price into the European Union (EU) has hurt profits of Tambankulu Estates\' (Tongaat Hulett Swaziland) as they have declined by E41 million reaching E29 million.
Tags: profits
swaziland
hulett
tongaat
South Africa's Tongaat posts lower full-year earnings
2015-05-26 08:45:51| Sugar Industry News
JOHANNESBURG (Reuters) - South African sugar maker Tongaat Hulett posted a 16 percent drop in full-year earnings on Monday, weighed down by lower sugar output and prices.
Tags: south
posts
lower
earnings
South Africa: Dry Conditions Impact Tongaat Hulett Results
2015-05-26 08:45:51| Sugar Industry News
The results of Tongaat Hulett [JSE:TON] for the year ended March 31 2015 were attained in difficult conditions in the sugar industry and with a number of positive achievements in terms of cost reductions, securing local markets and future cane supplies, said CEO Peter Staude on Monday.
Tags: results
conditions
south
impact
Low sugar prices hurt South Africa's Illovo Sugar, Tongaat
2015-05-26 08:45:51| Sugar Industry News
JOHANNESBURG (Reuters) - Illovo Sugar Ltd and Tongaat Hullett, Africa's two biggest producers of the sweetener, reported weaker full-year profits on Monday, blaming softer global prices and lower output, sending their shares sliding.