Tongaat Hulett says goodbye to more directors

2020-01-27 21:25

The directors of JSE-listed sugar producer Tongaat Hulett have announced some more changes to the board.

Adriaan Basson: It's time to see some CEOs in orange jumpsuits

2019-12-02 08:33

As the country waits with bated breath for the "state capture arrests" to start – hopefully before Christmas – the names of some top private sector executives should also be on the NPA's "priority list", writes Adriaan Basson.

Tongaat Hulett forensic probe is done – but its results have been delayed, yet again

2019-10-07 19:01

Tongaat Hulett has announced that it is still not ready to release its results to the end of March. It also won't publish a forensic report into activities at the company.

Tongaat Hulett's listing has been suspended - here's what we know about the crisis at the sugar giant

2019-06-10 17:33

SA's largest sugar producer is in crisis as its financial accounts cannot be trusted.

Tongaat delays 2019 financials while it conducts forensic probe

2019-06-03 12:30

In an update to shareholders last week the sugar producer said it had identified 'certain past practices which are of significant concern to the board and the company's auditors'.

Auctions boom in Zim as Tongaat, Metallon and others default

2018-12-02 20:01

Auction companies are booming in Zimbabwe as companies and individuals - including Tongaat Hulett CEO Sydney Mutsambiwa and Mzi Khumalo's Metallon Corporation - default on loan payments or other financial obligations.

Peter Staude to step down as CEO of Tongaat Hulett

2018-08-06 16:46

Tongaat Hulett said an interim CEO would be appointed while the group's board identifies his successor.

Tongaat Hulett launches sugar refinery project in Mozambique

2017-07-25 17:39

Tongaat Hulett has launched a project to build a refinery annexed to its Xinavane Sugar Mill.

Eviction of 170 Zim farmers: Group believes SA is 'involved'

2017-01-03 09:00

At least 170 Zimbabwean farmers who have been given an order to vacate a Triangle Ranch formerly owned by Tongaat Hulett in Masvingo believe the SA government had a hand in their eviction.

Tongaat Hullet's Zim operation hit by low prices, reduced output

2016-05-31 13:58

Tongaat Hulett's Zimbabwe operations recorded significantly reduced revenues and profits for the year to end-March 2016.


Tongaat Hulett leadership hopeful of turnaround amidst liquidity uncertainty

2019-12-10 18:54

'There is an opportunity to turn the business around and we will give it our best shot," says Tongaat's chairperson Louis von Zeuner.

Tongaat Hulett strikes deal with Bokomo Namibia

2019-11-19 19:17

Tongaat Hulett is disposing of its interest in Tongaat Hulett Namibia, and says it will use its share of the proceeds to reduce debt levels.

Steinhoff, Tongaat, Omnia... Here's the dead giveaway that you should have avoided these companies, says an asset manager

2019-06-11 14:35

The combination of being heavily indebted and seeing slowing earnings growth is deadly.

Tongaat shares suspended to 'protect investors'

2019-06-10 16:16

The board of Tongaat Hulett has requested the suspension of its listing on the Johannesburg Stock Exchange amid an investigation.

Tongaat Hulett appoints new CEO to sweeten its prospects

2019-01-14 16:13

In a SENS announcement released on Monday, Tongaat Hulett said Hudson’s prior jobs included serving as CEO of Turkish company Anadolu Efes, where he was also managing director of the company’s beer businesses in South Africa and abroad.

Shareholders vote against Tongaat Hulett remuneration policy

2018-08-08 15:37

The agriculture and agri-processing company says its board will meet with shareholders to hear their views after they rejected a non-binding resolution on pay.

Tongaat Hulett whacked by strong rand and low sugar prices

2018-05-30 12:53

Tongaat Hulett recorded a 16.1% decrease in operating profits and a 37.2% decrease in headline earnings.

Tongaat Hulett's Zim unit returns to profitability

2017-06-08 13:29

Tongaat Hulett‘s Zimbabwe based sugar producer Hippo Valley has shown growth in both revenue and profits for the year ended 31 March 2017.

Tongaat Hulett reports revenue rise amid sugar price hike

2016-11-14 14:52

Tongaat Hulett revenue has lifted 11.7% to R8.503bn for the six months to end-September 2916, amid a 50% surge in international suger prices over the past six months.

Tongaat Hulett turns to property as drought cuts profits

2016-05-30 09:22

A severe drought has cut profit from Tongaat Hulett’s sugar operations by 85%, but land development and starch operations helped reduce its overall loss to 18%.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.