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Embattled sugar producer Tongaat Hulett, which is trying to recover from a financial and debt scandal, is struggling to implement its turnaround plan so that it can emerge out of business rescue proceedings.
SUGAR INDUSTRY

Tongaat Hulett cash crunch: Vision says it has a plan

The clock is ticking on Tongaat Hulett’s latest funding lifeline — and what happens next could determine the sugar giant’s future.

4 min read
A selection of the many food brands produced and sold by RCL Foods’ headline earnings per share (HEPS) fell 32.8% in the year to end June. The group is facing tough trading conditions in the sugar industry, while overall consumer demand is also weak.
POULTRY

Sugar imports and pet-food disruptions cut RCL Foods’ full-year HEPS by 32.8%

Despite the challenges faced during the year, RCL remained aligned to a strategy of building a better-balanced, more branded foods business.

  • Tawanda Karombo
3 min read