Browsing: Plantations

Agriculture

29. June, 20220

Cabo Delgado cotton farmers on the brink as Plexus warns it can’t go on

50,000 farmers face being unable to sell this year’s harvest, as British cotton company says it can’t access finance for Cabo Delgado due to ongoing insecurity

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Agriculture

20. June, 20220

Tongaat Hulett rebuffs would-be buyer for Mozambique assets

Tongaat Hulett has rejected an approach from a would-be buyer for its two sugar operations in Mozambique, saying it is committed to keeping the company together

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Business

11. December, 20190

Tongaat Hulett reveals Mozambique accounting error

Sugar company Tongaat Hulett has revealed that it used to mis-report revenues in Mozambique, by accounting for its exports before they had in fact been sold

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Agriculture

25. July, 20190

‘No sugar mill will be closed in Mozambique’ – minister

The government of Mozambique is guaranteeing that sugar mills in Mafambisse and Xinavane will not…...

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Agriculture

24. June, 20190

Tongaat Hulett could now close both Mozambican sugar mills

Tongaat Hulett is walking away from the Mafambisse sugar mill in central Mozambique -- and Xinavane in the south could be next, Zitamar has learned

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Agriculture

12. June, 20190

Mozambique’s Mafambisse sugar mill on the brink of shutdown

South Africa's Tongaat Hulett is planning to walk away from one of its two sugar plantations in Mozambique, as part of the company's turnaround strategy

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Agriculture

25. February, 20190

Tongaat Hulett warns over $90m loss as Xinavane refinery start is delayed

Sugar company Tongaat Hulett will make a loss this financial year, partly due to the performance of its Mozambican operations

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Business

30. October, 20181

Obtala to keep Mozambique forestry projects “ticking over” despite regulatory muddle

Forestry and agriculture company Obtala – soon to change its name to Woodbois – has…...

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Business

17. September, 20180

Obtala could ‘eliminate’ Mozambique forestry arm as chairman invests $14m

The chairman of forestry company Obtala spent more than $14 million last week buying shares…...

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Agriculture

12. July, 20180

Mozambique’s tea producers thirsty for government support

Tea production in Mozambique is below potential volumes and does not generate high enough revenues…...

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Intelligent news from Mozambique

Browsing: Plantations

Cabo Delgado cotton farmers on the brink as Plexus warns it can’t go on

Tongaat Hulett rebuffs would-be buyer for Mozambique assets

Tongaat Hulett reveals Mozambique accounting error

‘No sugar mill will be closed in Mozambique’ – minister

Tongaat Hulett could now close both Mozambican sugar mills

Mozambique’s Mafambisse sugar mill on the brink of shutdown

Tongaat Hulett warns over $90m loss as Xinavane refinery start is delayed

Obtala to keep Mozambique forestry projects “ticking over” despite regulatory muddle

Obtala could ‘eliminate’ Mozambique forestry arm as chairman invests $14m

Mozambique’s tea producers thirsty for government support

Zitamar Daily Briefing, 26 January