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Sugar importers bitter about consumer prices

Sugar importers bitter about consumer prices

19/07/2019 - 10:57
Sugar importers want to know why the industry is subsidised to the extent that consumers are being forced to pay about double the world price. read more
Food prices dip in October

Food prices dip in October

05/11/2018 - 13:37
International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, according to the United Nations. read more
RCL’s sugar business takes strain

RCL’s sugar business takes strain

06/09/2018 - 21:28
The government should do more to shield food and sugar producers from the influx of cheap imports, RCL Foods CFO Rob Field said. read more
RCL’s sugar business takes strain

RCL’s sugar business takes strain

29/08/2018 - 13:21
"The government should do more to shield food and sugar producers from the influx of cheap imports," says RCL Foods CFO Rob Field. read more
Rob Davies aids embattled sugar industry with higher import duty

Rob Davies aids embattled sugar industry with higher import duty

15/08/2018 - 10:49
Trade & industry minister Rob Davies has come to the aid of the embattled sugar industry, approving an increase in import duties on sugar. read more
Nestle launches new chocolate bar using sugar-reduction technology

Nestle launches new chocolate bar using sugar-reduction technology

28/03/2018 - 08:49
The food giant Nestle unveiled its first chocolate bar that showcases the company's new sugar reduction technology.  read more
‘Sugar tax’ is adopted by Treasury without amendment

‘Sugar tax’ is adopted by Treasury without amendment

01/12/2017 - 15:41
The National Council of Provinces’ (NCOP) select committee on finance has adopted the bill which includes a provision for the health promotion levy — or sugar tax — without amendment. read more
National Assembly approves sugar tax

National Assembly approves sugar tax

23/11/2017 - 15:09
The bill providing for the implementation of a tax on sugary beverages — the health promotion levy — was passed by the National Assembly on Tuesday. read more
Green shoots visible for Tongaat after devastating drought

Green shoots visible for Tongaat after devastating drought

13/11/2017 - 12:05
Tongaat Hulett, SA’s largest sugar producer, is starting to see the positive effects of the end of a devastating drought that hit its operations in KwaZulu-Natal, Zimbabwe, and Mozambique. read more
Sugar industry could take years to recover from 2015-16 drought

Sugar industry could take years to recover from 2015-16 drought

07/08/2017 - 09:54
The South African sugar industry could take years to recover from the effects of the 2015-16 drought which has led to the industry failing to meet export orders. read more
 Nestlé cereals to reduce sugar content by further 10%

Nestlé cereals to reduce sugar content by further 10%

05/07/2017 - 11:10
Nestlé has announced that it will be reducing the average sugar content across its breakfast cereal range by a further 10% by the end of 2018. read more
Tax is sweet news for boosting revenue

Tax is sweet news for boosting revenue

11/07/2016 - 12:54
SA’s new sugar tax could add 20% to the price of a Coca-Cola, but would exempt Liquifruit and other 100% fruit juices, along with unsweetened milk and bottled water. read more
Sugar tax confirmed for South Africa in 2017

Sugar tax confirmed for South Africa in 2017

25/02/2016 - 11:09
South Africans with a sweet tooth will be punished with a higher tax on sweet stuff. In his budget speech on Wednesday (24 Feb), Finance Minister Pravin Gordhan announced that a sugar tax will be levied with effect from 1 April 2017. 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
Illovo seeks sweeter trade deals in Africa

Illovo seeks sweeter trade deals in Africa

02/12/2014 - 11:02
Illovo Sugar has set its eyes on east and West Africa for growth as it prepares its exit from EU markets in the medium to long term, according to Gavin Dalgleish, the managing director of Africa’s biggest sugar producer.  read more
India asks Pepsi to cut sugar- India

India asks Pepsi to cut sugar- India

28/08/2014 - 11:33
New Delhi - India has asked US soft drinks giant PepsiCo to reduce the sugar content of its sodas as the country battles growing levels of obesity and diabetes.  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
Central African sugar factory reopens amid strife

Central African sugar factory reopens amid strife

11/06/2014 - 10:59
The biggest sugar refinery in the war-torn Central African Republic is back in business after soldiers recaptured it from former rebels who occupied it for more than a year. read more
Sugar strike ends

Sugar strike ends

09/06/2014 - 11:03
Johannesburg - The strike in the sugar industry has ended after a settlement agreement was reached on Friday, the Food and Allied Workers Union (Fawu) said. read more
Tongaat Hulett’s profits rise

Tongaat Hulett’s profits rise

27/05/2014 - 10:01
Johannesburg - South African sugar producer, Tongaat Hulett, reported a 6 percent increase in full-year earnings yesterday, after softer global sugar prices and weak domestic demand weighed.  read more
Metal exports soar, Zambia

Metal exports soar, Zambia

17/03/2014 - 09:05
A rise in copper export income has pushed Zambia’s metal export earnings to US$7,086.6 billion from $6.511 billion posted in 2012. The merchandise imports bill also increased to $9,234.8 billion. read more
IMF: Mauritius economy to grow by 3.7%

IMF: Mauritius economy to grow by 3.7%

29/04/2013 - 10:02
Port Louis - Mauritius' economy will expand by 3.7 percent this year, slightly below potential due to subdued demand from its main markets and modest private investment, and will accelerate to 4.4 percent in 2014, the International Monetary Fund said.  read more
India prepares tough drought measures

India prepares tough drought measures

31/07/2012 - 08:16
New Delhi - Indian ministers will meet on Tuesday to discuss measures to deal with a feared drought, including curbs on commodity derivatives, extra subsidies to farmers and the distribution of seeds, but are not expected to ban farm exports. read more
Researchers want healthier food made cheaper

Researchers want healthier food made cheaper

05/07/2012 - 09:16
The government needs to do more to protect South Africans from the lure of junk food by making healthier food cheaper and more readily available, say researchers from the University of the Western Cape. read more
Coca-Cola reverses decision to dump orange suppliers

Coca-Cola reverses decision to dump orange suppliers

08/03/2012 - 09:54
Soft drinks giant Coca-Cola will continue to source oranges from local Italian suppliers after initially saying it would drop them following reports of poor working conditions among fruit pickers. read more
Water-wise cane excites Coke

Water-wise cane excites Coke

13/02/2012 - 09:13
The South African sugar industry’s greatest challenges are lack of access to sufficient water and growing the expertise of its small farmers, says the Coca-Cola Company’s water and sustainable agriculture director, Denise Knight.  read more
Sugar prices to remain volatile into 2013

Sugar prices to remain volatile into 2013

27/01/2012 - 09:28
Sugar prices are likely to remain volatile into 2013 according to the International Sugar Organisation (ISO) as global output matches demand.  read more
Sugar, coffee rise

Sugar, coffee rise

18/01/2012 - 10:22
Arabica coffee futures on ICE rose on Tuesday, boosted by a softer dollar and increased risk appetite following better-than-expected Chinese economic growth data.  read more
Food price index ends year with sharp drop

Food price index ends year with sharp drop

13/01/2012 - 09:40
Food prices fell in December 2011 with the food price index dropping 2.4%, according to the UN Food Agricultural Organisation's monthly report. read more
Cocoa hovers near 8-week high

Cocoa hovers near 8-week high

13/01/2012 - 08:21
Cocoa futures on ICE hovered below an 8-week high on Thursday, as the market consolidated after this week's steep rally fuelled by a slowdown in port arrivals in top producer Ivory Coast. read more
Sugar steadies

Sugar steadies

09/01/2012 - 07:49
ICE sugar steadied but a stronger dollar helped push arabicas lower on Friday, after slides in both commodities the previous day, while cocoa was little changed with prices capped by ample African supplies. 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
Sugar industry ready for green energy

Sugar industry ready for green energy

07/11/2011 - 08:20
Cape Town – The sugar industry in South Africa is seriously ready to make a large contribution to renewable energy, but is not receiving the necessary support from government, say industry leaders. read more
Sugar seeks new outlets in changing times

Sugar seeks new outlets in changing times

01/11/2011 - 08:22
The industry needs to diversify into power generation, ethanol production to survive, writes Neels Blom 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
Tongaat profit hit by drought

Tongaat profit hit by drought

30/05/2011 - 07:30
Johannesburg - Tongaat Hulett, a producer of sugar and starch, on Monday reported a 4% drop in full-year profit, hit by a drought in South Africa, but said it expects earnings to rise in the year ahead. 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
SA firm to boost Zambia sugar output by 50%

SA firm to boost Zambia sugar output by 50%

04/04/2011 - 00:00
Lusaka - A South African company plans to build a R1.7bn sugar and bio-ethanol plant in Zambia, one of the largest non-mining investments in recent years in Africa's biggest copper producer, an official said on Saturday. 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