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3rd March 2026
RCL Foods reported a 30% decline in headline earnings for the six months ended in December 2025, compared to one year earlier, to ZAR61.8 million (USD3.85 million), impacted by low sugar prices and sugar imports displacing local sugar production, reports Sugaronline.Tags: Corporate, Markets, industry, earnings
Countries: South Africa
2nd March 2026
South Africa's minister of Trade, Industry and Competition, Parks Tau, said on March 2 that the government is contesting Tongaat Hulett's liquidation in court, according to The Mercury.Tags: court, News excerpt, industry
Countries: South Africa
23rd February 2026
The South African government has expressed opposition to the liquidation of Tongaat Hulett, adding that it will work with stakeholders, including the Industrial Development Corporation, to explore solutions to ensure the survival of the company, according to IOL.Tags: Corporate, government, News excerpt, industry
Countries: South Africa