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Zimbabwe govt moves to break Tongaat Hulett's monopoly
The Zimbabwean government has announced plans to introduce new players into the sugarcane milling industry to break the monopoly held by Tongaat Hulett Zimbabwe, a move aimed at boosting competition, ...Published: 22 May 2025 at 12:07hrs | 891 | by Staff reporter
'Increase in sugar prices unwarranted'
THE Confederation of Zimbabwe Retailers (CZR) has expressed concern over speculative pricing of sugar on the local market.In a statement yesterday, CZR president Denford Mutashu said the recen...Published: 12 Apr 2024 at 09:49hrs | 1 | by Staff reporter
Farmers defend raw sugar price increase
Small-scale sugarcane farmers, who supply 45 percent of raw sugar in Zimbabwe, have defended the new price of the commodity after Gold Star suspended production at its refinery in Harare this week cit...Published: 17 Feb 2023 at 04:54hrs | | by Staff reporter
Goldstar sugars refinery closes
Goldstar sugars Harare refinery released a statement on its temporary closure yesterday.The statement reads, "we are writing to advise that we have closed the Goldstar Sugars Harare refinery w...Published: 14 Feb 2023 at 21:18hrs | 14 | by Tarisai Mudahondo
Gold Star Sugars shuts Harare refinery in Tongaat Hulett price row
Gold Star, a subsidiary of ZSE-listed StarAfrica, has temporarily closed its Harare refinery and placed employees on indefinite leave, citing a sharp increase in raw sugar prices by its supplier Tonga...Published: 14 Feb 2023 at 19:30hrs | 11 | by Staff reporter
New price of sugar announced
Tongaat and Hulett has announced that the price of sugar has increased with effect from 26 August 2019. The new prices will see 1 kg selling between $9.90 and $10.40, 2Kg selling between $19.9...Published: 26 Aug 2019 at 18:15hrs | 1 | by Mandla Ndlovu
New prices of sugar announced
Tongaat Hulett has announced that the price of sugar has increased to $17 per 2KG while 5KG is sold at $43 and 10KG at $86.Commenting on the price increase ZCTU said, "Where are they takin...Published: 29 Jul 2019 at 14:42hrs | 1 | by Mandla Ndlovu
Tongaat gazettes retail sugar prices
Tongaat Hulett has gazetted recommended retail sugar prices for the commodity which is being overpriced. The prices for brown sugar are $4,99 for 1kg, $9,98 for 2kg, $24,95 for 5kg and $49,90 ...Published: 24 Jun 2019 at 09:29hrs | | by Staff reporter
Mnangagwa's Cabinet okays provision of forex for basic goods
Cabinet has resolved to avail foreign currency to manufacturers of basic goods for the acquisition of raw materials so as to arrest the unjustified price increases obtaining in the country. Th...Published: 02 May 2019 at 06:30hrs | 1 | by Staff reporter
Government cracks whip on prices
THE Government will not hesistate to take punitive measures against unscrupulous businesses with a tendency of wantonly increasing prices of basic commodities for the sole purpose of profiteering, a C...Published: 07 Apr 2019 at 08:39hrs | | by Staff reporter
Sugar smugglers hit the jackpot in Mozambique
Economic saboteurs are taking advantage of low sugar prices locally to smuggle hundreds of tonnes of sugar into Mozambique daily through illegal crossing points, raking in tens of thousands of dollars...Published: 02 Nov 2018 at 05:44hrs | 1 | by Staff reporter
Sugar prices up 18%
THE price of sugar has increased by about 18% to $2,25 per 2 kg pack over the past few days due to rising costs of production as well as cost of money, NewsDay reported.Confederation of Zimbab...Published: 13 Jul 2018 at 07:22hrs | | by Staff rpeorter
Tongaat Hullet (Zimbabwe) profits plunge to US$1m
Tongaat Hullet Zimbabwe operating profits for the year ended March 2016 have plunged to only US$1 million compared to US$35 million in the year ending March 2015, according to group results released t...Published: 07 Jun 2016 at 07:16hrs | | by Staff Reporter
Mealie-meal, sugar prices up
THE price of mealie-meal and sugar has increased marginally in what could be attributed to fears over food shortages due to the El-Nino-induced drought.A snap survey conducted by Business Chro...Published: 30 Mar 2016 at 06:46hrs | 1 | by Bianca Mlilo
Massive looting in Chitungwiza
Massive looting at Huruyadzo and Chigovanyika Shopping centres has been reported in Chitungwiza, Bulawayo24.com heard.It was not immediately clear what triggered the looting.Sour...Published: 05 Jan 2016 at 13:06hrs | 1 | by Thobekile Zhou
The story of Triangle Leadership Crisis?
Upon receiving the news that the place I like the most in Zimbabwe has been brought down by the company’s most devastating and daunting strike in recent years. Obviously for reasons of ...Published: 15 Dec 2015 at 11:20hrs | 4 | by Julius Matare
Tongaat Hulett to cut jobs, salaries
Sugar producer, Tongaat Hulett is to cut jobs in the next few months as the drought-hit agro-processing firm whose half-year profits declined by 10 percent to R1,36 billion battles declining profi...Published: 17 Nov 2015 at 16:09hrs | | by Staff reporter
Zimbabwe raw sugar prices drop 8%
The producer price for raw sugar in Zimbabwe this year has decreased by eight percent to $517 per tonne from last year's closing price, an official has said.At the end of the last marketing se...Published: 09 Jun 2015 at 18:12hrs | 1 | by Staff reporter
Hippo's 55th AGM passes all tabled resolutions
Hippo's 55th AGM was held yesterday, Monday 22 September 2011, and all resolutions tabled were passed without amendments. Management also gave a detailed trading update. The company is in line to achi...Published: 13 Sep 2011 at 06:34hrs | | by Business reporter
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