Sugar & Confectionery
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Tongaat Hullet appoints Dan Marokane to succeed Gavin Hudson as acting CEO
SOUTH AFRICA – Tongaat Hulett, South Africa’s biggest sugar group, has appointed Dan Marakone, as acting CEO, following the recent resignation of Gavin Hudson. Hudson…
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Agriculture & Food Authority to pay farmers long-standing arrears for cane supplied to Mumias Sugar Company
KENYA – Agriculture and Food Authority (AFA), a state Corporation established to regulate, develop and promote scheduled crop value chains for increased economic growth in…
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Mondelēz anticipates US$326m fine to resolve European Commission antitrust investigation
EUROPE – Mondelēz International predicts it will incur a cost of EUR300m (US$326m) or even higher to resolve an antitrust investigation launched against it by…
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Gavin Hudson resigns as Tongaat Hulett CEO amid delayed business rescue plan
SOUTH AFRICA-Gavin Hudson has resigned as CEO of Southern Africa’s biggest sugar group Tongaat Hulett effective February 28 adding another blow to the company’s business…
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Kenya locks out sugar millers from duty-free imports window to cushion cane farmers
KENYA – Kenyan local sugar millers have protested their lockout from the multi-billion-shilling duty-free sugar imports window, terming the move as discriminatory. Kenya relies on…