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ILLOVO NEWS ON FASTMOVING

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Illovo appoints Boomtown for research project

Illovo appoints Boomtown for research project

21/02/2018 - 09:57
Africa’s biggest sugar producer, Illovo, has appointed Boomtown for a consumer research project.  read more
Illovo: $80m project takes shape in Zambia

Illovo: $80m project takes shape in Zambia

08/07/2016 - 09:49
Johannesburg - Zambia Sugar, a subsidiary of South African-based Illovo Sugar, has built an $80 million (R1 billion) sugar product alignment and refinery project (PAAR) in Zambia. read more
‘Poor will bear brunt of proposed sugar tax’

‘Poor will bear brunt of proposed sugar tax’

29/02/2016 - 14:07
Johannesburg - Finance Minister Pravin Gordhan’s plan of introducing a sugar tax on sugar-sweetened beverages is likely to hurt the poor the most. read more
Illovo sees dip in sugar output

Illovo sees dip in sugar output

05/02/2016 - 11:04
Johannesburg - Africa’s largest sugar producer, Illovo Sugar, is expecting sugar production to drop for the 2015/16 season due to the drought. read more
Drought dries up Illovo’s half-year profits

Drought dries up Illovo’s half-year profits

30/11/2015 - 12:45
South Africa’s drought, pressure on export prices and reduced demand in Malawi resulted in Illovo Sugar [JSE:ILV] cutting its half-year profit by nearly 60% on Monday. read more
Illovo Sugar flags lower FY earnings

Illovo Sugar flags lower FY earnings

16/04/2015 - 08:33
Johannesburg - Illovo Sugar, Africa's biggest producer of the sweetener, said on Wednesday its full-year profits would fall due to depressed global prices and drought that has ravaged some of its crops in South Africa.  read more
Ilovo Sugar: Wage pact averts threatened strike

Ilovo Sugar: Wage pact averts threatened strike

02/07/2014 - 11:03
A strike at Illovo Sugar had been averted after workers accepted a wage offer from the company, the Food and Allied Workers Union (Fawu) said yesterday. read more
Africa beckons for SA retail investors

Africa beckons for SA retail investors

11/06/2013 - 08:13
Cape Town - Illovo-based Imara S P Reid Stockbrokers is about to open up African share and bond markets to local retail investors. read more
Illovo hits record as sugar crop recovers

Illovo hits record as sugar crop recovers

16/05/2013 - 10:25
Johannesburg - Illovo Sugar Ltd., Africa’s largest sugar producer, rose to a record as investors anticipate a recovery in output after a drought. read more
Illovo pulls out of Mali project

Illovo pulls out of Mali project

31/05/2012 - 09:22
Johannesburg - South African group Illovo Sugar [JSE:ILV] has pulled out of a R2.6bn sugar project in Mali, largely due to political risk and also funding difficulties, and will focus on growth opportunities elsewhere in Africa. read more
Illovo ups revenue, warns on output

Illovo ups revenue, warns on output

29/05/2012 - 07:54
Johannesburg - Illovo Sugar [JSE:ILV] posted a 12% rise in first-half earnings on Wednesday helped by currency weakness and cost cutting, but said output was still struggling to recover from a 2010 drought in KwaZulu-Natal.  read more
Illovo ups revenue, warns on output

Illovo ups revenue, warns on output

23/11/2011 - 08:39
Johannesburg - Illovo Sugar [JSE:ILV] posted a 12% rise in first-half earnings on Wednesday helped by currency weakness and cost cutting but said output was still struggling to recover from a 2010 drought in KwaZulu-Natal province. read more
Illovo expands green power projects

Illovo expands green power projects

21/07/2011 - 10:00
ILLOVO Sugar, Africa’s largest producer, is growing its biofuels and power generation capacity as it expands production outside SA. read more
Illovo earnings drop 34%

Illovo earnings drop 34%

30/05/2011 - 10:20
Illovo Sugar on Monday reported that drought and the strong currency had impacted earnings which dropped 34% - although the group believes 2011 should show improved growth. read more
 Illovo raises $134 mln for expansion

Illovo raises $134 mln for expansion

16/05/2011 - 12:25
South Africa's Illovo Sugar said on Monday it has raised 940 million emalangeni ($134 million) to finance expansion at its unit in Swaziland.  read more
Illovo chair, finance head out

Illovo chair, finance head out

24/03/2011 - 00:00
Johannesburg - Illovo Sugar [JSE:ILV] on Thursday announced the resignation of its chairperson, Robert Williams, and financial director, Karin Zarnack.  read more