Hippo Valley deepens cost cuts
Cane processor Hippo Valley Estates says it is intensifying cost-containment measures as rising labour and production costs continue to erode margins, despite a sharp improvement in earnings.
Star Africa eyes export markets
Sugar producer Star Africa Corporation says it evaluating regional export opportunities after operational improvements and lower production costs strengthened the group’s competitiveness.
Tongaat Hulett’s Hippo Valley posts US$24 million profit
Cane processor Hippo Valley Estates has reported a 79 percent increase in profit after tax to US$24.1 million for the year ended 31 March 2026, buoyed by stronger local sugar sales, improved factory performance and the release of carry-over sugar stocks accumulated in the previous financial year.
Star Africa back in the black buoyed by regional growth
Star Africa Corporation has returned to profitability after posting a net profit of US$1.4 million for the year ended 31 March 2026, reversing the previous year’s US$4.8 million loss despite lower revenue.