Sign In
Tongaat Hulett LimitedIn the news
Roadblock: Cheap sugar imports, mainly from India, Guatemala, Brazil and Thailand, are killing the struggling industry. Photo: Delwyn Versamy
SUGAR INDUSTRY

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…

  • Sandile Motha
6 min read
High stakes: South African businessman Robert Gumede
BUSINESS RESCUE

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…

  • Sandile Motha
7 min read
Ghost towns: The mills in Tongaat, Maidstone and Felixton have fallen silent. Photo: Delwyn Verasamy
SUGAR INDUSTRY

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…

  • Editorial
2 min read