MarketTongaat Hulett
Company Profile

Tongaat Hulett

Tongaat Hulett is an agriculture and agri-processing business, focusing on the complementary feedstocks of sugarcane and maize. The company had its origins on the North coast of KwaZulu-Natal, specifically the town of Tongaat. The company was formed as a result of a merger between the Tongaat Sugar Company founded by Edward Saunders and Hulett's Sugar founded in 1892 by Liege Hulett. Company stock is listed on the Johannesburg Securities Exchange. Its core businesses are sugar, starch and property management.

Operations
=== South Africa === • The company head office is located at Amanzimnyama, Tongaat near Durban. • Sugar mills are located at Maidstone, Darnall, Amatikulu and Felixton. • A central refinery is in Durban • Animal feeds operation (Voermol Feeds) === Mozambique === • Tongaat Hulett Açucar, Maputo • Açucareira de Xinavane Xinavane Mill, Xinavane, Manhiça District, Maputo Province • Açucareira de Moçambique Mafambisse Mill, in Mafambisse, Dondo District, near Beira, in Sofala Province === Eswatini === • Tambankulu Estates, Mhlume – The company operates two agricultural estates on the Mbuluzi River. === Zimbabwe === Tongaat Hulett's had three sugar estates in Zimbabwe in Chiredzi District and they bordered one another. • Triangle Estate in Triangle, ZimbabweHippo Valley Estates, listed on the Zimbabwe Stock Exchange. • Mkwasine Estates is now occupied by newly resettled farmers Chiredzi District Animal feeds Voermol Feeds, based in Maidstone, produces molasses-based animal feeds. Artificial sweeteners Cape Sweeteners, based in Durban, is a subsidiary of Tongaat Hulett Sugar, producing artificial sweeteners including; aspartame, neotame, acesulfame-K, fructose, sodium saccharin, sodium cyclamate, polydextrose, maltitol and lactitol. It is the exclusive South African agent of Nutrasweet's aspartame and neotame Starch Tongaat Hulett Starch, previously African Products is Africa's largest producer of starch and glucose, produced at five South African factories. Land development Tongaat Hulett Developments is a land conversion and development company that carries out land conversion activities by collaborating closely with the public sector, communities and other businesses. == Corruption scandal and looting ==
Corruption scandal and looting
At the end of 2018, the CEO, Peter Staude took early retirement The appeared in court again in April 2022. == References ==
tickerdossier.comtickerdossier.substack.com