Sugar Industry
latest news & developments
Accelerate diversification in the sugar sector to cushion jobs, say key roleplayers in the industry
Following a landmark deal, key players in South Africa's sugar industry advocate for diversification into biofuels and other products to save jobs and drive growth. This…
R1.5bn lost to cheap sugar imports
South Africa's sugar industry has lost an estimated R1.5 billion due to a surge in cheap sugar imports, primarily from India, Guatemala, Brazil, and Thailand. Despite a recent…
The African duo entrepreneurs who saved Tongaat Hulett
South African billionaire Robert Gumede and Zimbabwean deal-maker Rute Moyo have joined forces through their Vision Sugar Group to rescue the beleaguered sugar giant Tongaat…
Black capital saves sugar giant
A crucial agreement between the Robert Gumede-led Vision Group and the Industrial Development Corporation (IDC) has successfully halted the liquidation of Tongaat Hulett Limited…
Business rescue practitioners and key stakeholders strike deal to save Tongaat Hulett
KwaZulu-Natal sugar giant Tongaat Hulett Ltd (THL) has been saved from liquidation after a binding agreement was reached between Business Rescue Practitioners, the Industrial…
Allowing liquidation of Tongaat Hulett will roll back the gains of the Sugar Value Chain Master Plan
Flexibility in the sugar value chain is essential to ensure its long-term sustainability
Tau leads drive to save Tongaat Hulett
The government says the ailing company is a crucial player in South Africa’s sugar value chain and its demise would have ‘far-reaching and devastating consequences’ for the sector
Families depend on sugar for life
The government and stakeholders will have to work harder to ensure the industry adapts and thrives
Sweeter local sales rescue sugar
The master plan to rescue the industry means that at least 80% of sugar consumption will come from South African farms and millers
Home sweet home is more than a trite expression
Buying local sugar allows black farmers to sustain their own families and others