Search results for 'Tongaat'
Zimbabwe
Tongaat Hulett's Sugar Division Acquired by Tanzania's Kagera Sugar: A Sweet Deal or Cause for Caution
Tongaat was recently at the centre of a storm involving accounts manipulation and gross mismanagement by the management, which dearly costed the company. Over the recent past, the Rudland brothers hav
Jul 25, 2023
Companies
Hippo Valley Unaffected as Parent Tongaat Hulett Enters Provisional Liquidation
Zimbabwe’s largest sugar producer, Hippo Valley Estates Limited, has moved quickly to reassure stakeholders that the provisional liquidation of its South African parent, Tongaat Hulett Limited (THL),
Feb 16, 2026
South Africa
Tongaat Crisis Update: IDC Declines to Commit to More Funding Amid Liquidation Threat
The Industrial Development Corporation (IDC) says that it is not in a position to commit to additional financial support for the embattled sugar conglomerate Tongaat Hulett at this juncture. This fol
Feb 23, 2026
World
Tongaat Hulett Liquidation Hearing Set for 16 April as Voermol Rescue Plan Hangs in Balance
Tongaat Hulett Developments Proprietary Limited, which holds property development assets, operates under a separate rescue plan adopted in May 2023 and is expected to continue unaffected by the THL pr
Mar 17, 2026
Companies
Tongaat Hulett’s Fate Hangs in Balance as Provisional Liquidation Hearing Opens Today
Tongaat Hulett Limited faces a defining moment in Durban High Court today as the long-running provisional liquidation application against the company is finally heard, with the outcome likely to deter
Apr 16, 2026
Companies
Star Africa Swings Back to Profit Despite Lower Turnover, Targets Stronger FY2027 Recovery
Star Africa Corporation Limited, Zimbabwe’s sugar producer and distributor’s turnover declined 9% to $58.1 million from $63.9 million in the prior year primarily driven by strategic price reductions
Jul 02, 2026
Top Stories
Zimbabwe Heads for Third Consecutive Wheat Record: ARDA Grows Nearly Half as National Plantings Hit 133k Hectares
Zimbabwe has planted 106% of its 125,000 hectare winter wheat target, up from 101% at the same point in 2025, taking the national area to roughly 132,500 hectares. The Agricultural and Rural Developme
21 hours agoAfdis’ Q1 Revenue Hits 47% of Last Year’s Full Year on Volume Boom, Grey Market Crackdown
Spirits and Wines maker, African Distillers has grown the first quarter revenue by 47% to USD 27.9 million on volumes 43% ahead of the comparable quarter, taking a single quarter's turnover to 46.7
22 hours agoFrom Household Security to Breadbasket:How Pfumvudza Can Unlock Zimbabwe’s Agricultural Scale
Zimbabwe's Pfumvudza/Intwasa programme has done what it was designed to do, delivering a bumper harvest, turning Zimbabwe’s 2024 cereal deficit story into a surplus one. The 2025/26 summer season pro
Jul 22, 2026
