Illovo Sugar

The sugar industry’s struggle tells a bigger story of the risks of South Africa’s deindustrialisation

The Paradise Papers highlight the need for enforcing regulations to stem tax avoidance

Illovo Malawi is locked in a dispute with farmers who claim it has occupied their land for decades.

Workers at Africa’s two largest sugar producers will embark on a strike demanding an 11% pay increase.

Zambia has been prevented from collecting $27-million in tax revenue by the aggressive tax practices of the Associated British Foods multinational.

South Africa’s Illovo Sugar has pulled out of a R2.6-billion sugar project in Mali, largely due to political risk and funding difficulties.

Illovo Sugar posted a 35% rise in first-half headline earnings per share on Thursday, boosted by strong domestic sugar sales.