Tongaat Hulett's share price tanks nearly 20% after changes to debt reduction plans
Tongaat made the required debt repayments but fell short of the agreements required to be signed by the end of March.
Source: news24.com
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Deepening Backward Integration in Sugar Sector
Sugar refining equipment under construction at LASUCO Obinna Chima who this week visited the Lafiagi Sugar Company, a subsidiary of the BUA Group, highlights efforts the company is taking to support the federal government’s National Sugar Master Plan, boost job creation and support economic diversification Nigeria’s National Sugar Master Plan (NSMP) was designed to attract over $1 billion annually in local and foreign direct investments and create an estimated 107,000 jobs over the first ten-year period. During a tour of LASUCO Its aim is to raise local production of sugar to enable th...
Source: thisdaylive.com