INDUSTRIALS & ENERGY

Tongaat Hulett sugar output increases 9%

TONGAAT Hulett's revenue for the six month period ended 30 September 2018 increased by 29 percent to $93,2 million up from $72,4 million during the corresponding period in 2017 underpinned by a spike ...

By Staff reporter | Published: 27 November 2018

LANDS & AGRICULTURE

Tongaat seeks bids for 4 000ha sugar project

SUGAR giant, Tongaat Hullets, is seeking bids from companies or individuals with capacity to develop 4 000 hectares of virgin land to boost sugarcane production in the lowveld. The new ambitious proje...

By Staff reporter | Published: 21 November 2018

BUSINESS NEWS

Sugar firm in $45m tax storm

Zimbabwe Sugar Sales (ZSS) Ltd, a company that sells and distributes sugar on behalf of Hippo Valley Estates and Triangle Limited, has been caught up in a $45 million tax evasion storm. The Zimbabwe R...

By Staff reporter | Published: 17 September 2018

INDUSTRIALS & ENERGY

Sugar prices up 18%

THE price of sugar has increased by about 18% to $2,25 per 2 kg pack over the past few days due to rising costs of production as well as cost of money, NewsDay has reported.Confederation of Zimbabwe R...

By Staff reporter | Published: 13 July 2018

LANDS & AGRICULTURE

Sugar output to increase by 17%

Zimbabwe's sugar production is projected to increase by 17% to 460 000 metric tonnes in the 2018/19 season, mainly due to higher volumes of better quality sugarcane available for crushingDepartment of...

By Staff reporter | Published: 29 June 2018

BUSINESS NEWS

Bread, sugar and mealie-meal prices up

PRICES of some basic commodities, including bread, sugar and mealie-meal, have gone up over the last month, marginally raising the cost of living for urban households.Figures from the Consumer Council...

By Staff reporter | Published: 17 December 2017

LANDS & AGRICULTURE

Tongaat bemoans drastic fall in sugar production

TONGAAT Hulett Zimbabwe has bemoaned the drastic fall in production at Mkwasine Sugar Estate in Chiredzi amid reports that out-growers have produced half the target.Speaking during the commissioning o...

By Staff reporter | Published: 14 December 2017

LANDS & AGRICULTURE

'Sugarcane farmers sell inputs'

Some sugarcane farmers in Chiredzi have been accused of diverting subsidised inputs from Tongaat Hullet Zimbabwe onto the market.Authorities are concerned that the farmers' activities would affect the...

By Staff reporter | Published: 02 October 2017

TELECOMS & TECHNOLOGY

Econet launches mobile BP, sugar testing device

GIANT telecoms firm, Econet Wireless, has launched a hypertension and sugar level testing device in Bulawayo under its connected health initiative that seeks to enhance access to medical assistance us...

By Staff reporter | Published: 15 September 2017

LANDS & AGRICULTURE

Sugarcane farmers target 600 000 tonnes

Sugarcane farmers in Chiredzi have set a target of producing more than 600 000 tonnes in the forthcoming season, while riding on an increased production level this year.The call by Tongaat Hulett Zimb...

By Staff reporter | Published: 14 September 2017

INDUSTRIALS & ENERGY

Tongaat's Zimbabwe sugar sales up 109%

Sugar producer, Tongaat Hulett Zimbabwe (Tongaat), says its domestic market sales for the year to March 2015 surged 109 percent to 309 000 tonnes from 148 000 tonnes in 2014 due to the introduction o...

By Staff reporter | Published: 22 June 2015

INDUSTRIALS & ENERGY

Tongaat seeks $20 million to up sugar production

Zimbabwe's largest sugar producer Tongaat Hulett (Tongaat) says it is seeking $20 million from various financial institutions earmarked for the development of 4 000 hectares it was recently allocated ...

By Staff reporter | Published: 07 June 2015

INDUSTRIALS & ENERGY

Sugar producer price falls 9%

The producer price for sugar has dropped by nine percent to $574 per tonne from $627.67 last year mainly due to decline in value of the commodity on the international market, an official said on Monda...

By New Ziana | Published: 16 June 2014

LANDS & AGRICULTURE

Tongaat says Zim import tariffs to boost sales

Sugar producer Tongaat Hulett says import tariffs introduced in Zimbabwe would benefit sales and prices in the next financial year. The group holds a 50.3% shareholding in Hippo Valley Estates while i...

By Staff reporter | Published: 27 May 2014

LANDS & AGRICULTURE

600 occupy sugar estates

OVER 600 villagers - including war veterans - occupied Chiredzi sugar cane plantations in Hippo Valley and Triangle estates on Monday, demanding that Government allocate them land.Police yesterday sw...

By Staff reporter | Published: 26 May 2014

LANDS & AGRICULTURE

Zimbabwe sugar production to rise 13.5% by 2017

The year 2014 is promising to be a good year for sugar production in Zimbabwe. According to Business Monitor International forecast regarding the sugar sector of the country, sugar production is predi...

By Staff reporter | Published: 21 February 2014

INDUSTRIALS & ENERGY

Star Africa to resume sugar refinery operations

SUGAR processor Starafrica corporation says it will resume sugar refining operations in Harare in May this year after the commissioning of its Gold Star Sugar Harare plant.In a statement, the firm sai...

By Staff reporter | Published: 23 January 2014

BUSINESS NEWS

Zim to ban sugar, horticultural products imports

THE Government is contemplating banning the importation of sugar and certain horticultural products as it moves to protect local farmers and enhance domestic farm production. The Deputy Minister of A...

By Staff reporter | Published: 04 December 2013

LANDS & AGRICULTURE

Producers seek sugar imports ban

Zimbabwe's sugar producers are seeking government's intervention in restricting imports of the commodity, Hippo Valley Estates (Hippo) said.The group - 50 percent owned by South Africa-based agricultu...

By Staff reporter | Published: 14 November 2013

LANDS & AGRICULTURE

Local demand to spur sugar production at Hippo Valley

Growing sugar demand in the country is expected to offset the planned phasing - out of export quotas to the European Union (EU) by Tongaat Hulett's Zimbabwean unit, Hippo Valley.The country's per-capi...

By Staff reporter | Published: 07 November 2013

LANDS & AGRICULTURE

Hippo Valley to increase exports

Hippo Valley Estates Limited (Hippo Valley) says it is targeting to export more than 217 000 tonnes of sugar to the European Union (EU), as a way of boosting the company's earnings. Last year, the su...

By Staff reporter | Published: 17 September 2013

INDUSTRIALS & ENERGY

Cheap sugar imports impacts on Star Africa sales volumes

Gold Star sugar volumes were adversely affected by cheap imports which are dumped into the market, Star Africa's CEO Sam Mushiri told an AGM today. Mushiri noted that there is now an understanding wit...

By Business reporter | Published: 29 August 2013

BUSINESS NEWS

ZTA warns against fake agents

Some unscrupulous individuals are allegedly tricking people by purporting to be agents of the Zimbabwe Tourism Authority (ZTA), offering commercial packages, recruitment and related activities for the...

By Business reporter | Published: 16 July 2013

LANDS & AGRICULTURE

Zimbabwe operations boost Tongaat Hulett's earnings

Two Zimbabwe-based operations boosted Tongaat Hulett 's improved operating profits, the company said in a statement. "The two Zimbabwe operations generated operating profit of R630m up from R62...

By Business reporter | Published: 10 June 2013
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