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24th April 2026
South Africa's sugar imports are estimated to decline by 24% in 2026/27 to 450,000 metric tonnes, due to higher import tariffs and increased local production, according to the US Department of Agriculture's Foreign Agricultural Service (FAS) Post in Pretoria.Tags: USDA FAS, consumption, Exports, imports, Production, Trade, estimates, industry
Countries: South Africa
16th April 2026
Tongaat Hulett has secured an extension of a funding facility from the Industrial Development Corporation (IDC), allowing it to continue its business rescue proceedings and avoid liquidation for now, according to Business Tech.Tags: liquidation, Corporate, News excerpt, industry
Countries: South Africa
16th April 2026
Sugarcane growers in South Africa's North Coast have welcomed the planned reopening of the Maidstone Mill in May, but remain cautious amid uncertainties about the future of the financially distressed Tongaat Hulett, according to The Post.Tags: Corporate, Production, News excerpt, farmers, industry
Countries: South Africa