International Sugar Journal

Eswatini – New packaging unit installed at Ubombo Sugar Mill [Full subscriber]

A state-of-the-art sugar bagging and warehousing infrastructure at Ubombo Sugar Mill, costing SZL110 million (US$7.2 million), was installed around July 2021, according to local press reports.

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eSwatini – Tongaat to sell its farm for US$22 million to pension fund [Full subscriber]

The heavily indebted South African sugar producer Tongaat Hulett said on 17th June it would sell its Tambankulu Estates in eSwatini to the country’s Public Service Pension Fund (PSPF) for ZAR375 million (US$21.83 million).

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Eswatini – Local banks invest US$139 million to drive sugar industry’s productivity [Full subscriber]

Standard Bank and Nedbank in the Kingdom of Eswatini have invested two billion Emalangeni (US$139 million) to expand the Royal Swaziland Sugar Corporation (RSSC) project, reports African Daily Voice.

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