INDUSTRIALS & ENERGY

Tongaat defers financial results

REGIONAL sugar producer, Tongaat Hulett (THL), has deferred publishing of its periodic financial results to October 2019 pending conclusion of its financial review and associated forensic investigatio...

By Staff reporter | Published: 20 June 2019

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

LANDS & AGRICULTURE

Mtsambiwa appointed Tongaat Hulett CEO

Johannesburg Stock Exchange-listed sugar producers Tongaat Hulett Limited, has appointed Zimbabwean Sydney Mtsambiwa as its interim chief executive officer. This follows the pending retirement of curr...

By Staff reporter | Published: 12 September 2018

INDUSTRIALS & ENERGY

Tongaat Hulett full-year revenue drops 8%

SUGAR manufacturing giant Tongaat Hulett's Hippo Valley Estates has reported an eight percent revenue decrease to $137 million in the full-year period to 31 March 2018 compared to $148,5 million in th...

By Staff reporter | Published: 27 June 2018

POLITICS

Mnangagwa warns Tongaat Hulett

President Mnangagwa last Friday warned Lowveld sugar producer Tongaat Hulett Zimbabwe against resisting accommodation of more indigenous players in sugar cane farming as part of Government's empowerme...

By Staff reporter | Published: 18 June 2018

BUSINESS NEWS

Tongaat banks on new political climate

SOUTH African sugar producer Tongaat Hulett is planning to ramp up production in Zimbabwe due to an anticipated economic recovery ushered in by the new political environment.The Johannesburg Stock Exc...

By Staff reporter | Published: 07 June 2018

POLITICS

Mohadi summons Tongaat Hulett

Vice President Kembo Mohadi has summoned management at Lowveld sugar producer Tongaat Hulett Zimbabwe for direct and frank negotiations to discuss challenges afflicting the industry.Tongaat is one of ...

By Staff reporter | Published: 05 June 2018

POLITICS

Tongaat employees clash with resettled farmers

Over 200 Tongaat Huletts Zimbabwe employees here were last week involved in fierce clashes with scores of resettled sugarcane farmers who wanted to take over their houses at Hippo Valley Estates.Riot ...

By Staff reporter | Published: 30 May 2018

BUSINESS NEWS

Tongaat Hulett commissions Chiredzi gas plant

TONGAAT Hulett, Zimbabwe's largest sugar producer, has commissioned a 40-tonne liquefied petroleum gas plant in Chiredzi that will provide renewable and clean energy to more than 5 000 workers of the ...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Pay rise for Tongaat Hulett workers

ABOUT 21 000 Tongaat Hulett Zimbabwe workers in Chiredzi will this week smile all the way to the bank after their employer finally approved a 7.5 percent and 15 percent pay rise back dated to April1,...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

Tongaat Hulett in bribery storm

Parliament has launched investigations into allegations that Zimbabwe's leading sugar producer, Tongaat Hulett, has been bribing legislators with top-of-the-range vehicles in a bid to get their suppor...

By Staff reporter | Published: 13 February 2018

POLITICS

MPs fingered in corruption at Tongaat Hullet

SOME legislators are alleged to have corruptly received top-of-the-range vehicles from sugar manufacturing company Tongaat Hullet to influence Government to issue the company with land lease. Tongaat ...

By Staff reporter | Published: 12 February 2018

INDUSTRIALS & ENERGY

Tongaat Hulett to pay staff bonuses

SUGAR producer, Tongaat Hulett Zimbabwe has resolved to pay bonuses to its workers.This is despite the fact that the company has been entangled in labour disputes which saw massive strikes that affect...

By Staff reporter | Published: 16 January 2018

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

JOBS

VACANCY: Manager - Marketing, Sales and Distribution

FINANCIAL MANAGER - MARKETING, SALES AND DISTRIBUTIONTongaat Hulett is an agriculture and agri-processing business, focusing on the complementary feedstocks of sugarcane and maize. Its on-going activi...

By Online | Published: 05 December 2017

LANDS & AGRICULTURE

Tongaat refuse to buy settlers' cane

HUNDREDS of farmers who last year seized 4 400 hectares of sugarcane fields from Tongaat Hulett in Chiredzi are now in a quandary after the agro-industrial giant refused to buy their crop.The farmers,...

By Staff reporter | Published: 03 August 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 production down 9%

Zimbabwe's largest sugar producer, Tongaat Hulett, production declined by nine percent to 445 000 tonnes in the full year to March 2015 compared to 488 000 registered in the prior period due to low da...

By Staff reporter | Published: 21 June 2015

INDUSTRIALS & ENERGY

Review indigenisation laws - Tongaat

Zimbabwe's largest sugar producer Tongaat Hulett (Tongaat) says government must review the indigenisation policy and consider empowerment credits for business sustenance in favour of compulsory acquis...

By Staff reporter | Published: 07 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

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

Tongaat Hulett under scrutiny

South African-based Tongaat Hulett, which wholly owns Triangle Limited - a company that was recently granted a temporary licence to deliver ethanol to the local market to shore up supplies - has court...

By Staff reporter | Published: 20 January 2014

POLITICS

Zim indigenisation 'a pain', says Tongaat CEO

South Africa-based Tongaat Hulett (Tongaat)'s chief executive Peter Staude says he has had sleepless nights over Zimbabwe's indigenisation programme.His sugar-producing company, which holds a 50,3 per...

By Staff reporter | Published: 05 December 2013
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