Sugar & Confectionery

Kenya reduces sugarcane prices to Kes 5,500 per tonne following market consultations, citing increased supply and the need to balance farmer earnings with miller sustainability.

ABF plans Primark demerger by 2027 while reporting lower earnings, with sugar business losses and weak US demand weighing on first-half performance.

India’s sugar output rises 8% to 27.39 million tonnes, driven by strong production in Maharashtra and Karnataka, alongside improved recovery rates and faster mill operations nationwide.

Dangote Sugar gains shareholder backing for N500bn capital raise to fund expansion, boost local production, and support Nigeria’s sugar self-sufficiency agenda.

Tongaat Hulett avoids immediate liquidation after securing additional funding, giving stakeholders time to negotiate a long-term rescue solution.