Sugar & Confectionery
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Economic headwinds weigh down Tongaat Hulett’s performance widening its headline loss to US$75m
SOUTH AFRICA – Sugar producer Tongaat Hulett, has posted a wider headline loss of R1.1 billion (US$75m) for its financial year ending March 31, 2021,…
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California Dairies launches sustainability initiative as Carma Chocolate’s sustainability profile hits 100%
US – California Dairies, Inc. (CDI) a leading farmer-owned dairy cooperative in California has formally launched an initiative aimed at measuring, validating, and further improving sustainable business practices. Under the…
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South African sugar manufacturing giants RCL Foods, Tongaat Hulett expect rise in full year earnings
SOUTH AFRICA – RCL Foods, South African consumer goods and milling company expects its profit for the year ended June 2021, to exponentially rise by…
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Hershey partners Land O’Lakes to drive sustainability in dairy, appoints Geetika Mehta as MD for India
US – The Hershey Company, one of the largest chocolate manufacturers in the world, is taking sustainability efforts to the farm level through a new…
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South Africa scratches its head to find balance between health, economic impact of sugar tax
SOUTH AFRICA – The South African sugar industry has always publicly lamented the negative impact of the Health Promotion Levy (HPL) that was introduced in…