Page 119 - KZN Top Busines Portfolio 2020/21

South Africa distribute 60 000 tons of sugar a year using its Blue
The company’s South African sugar operations on Crystal® brand.
the KZN north coast and in the Zululand region Renewable Energy
operate three sugar mills at Maidstone, Amatikulu All our sugar mills in Mozambique, South Africa and
and Felixton and a central refinery in Durban. These
mills and refinery have an installed capacity to Zimbabwe generate electricity from bagasse during
the sugarcane crushing season. In some instances,
produce more than 600 000 tons of high-quality
refined sugar per annum, with the primary product these operations supply electricity to the grid. In
being the leading Huletts® brand. The South African Zimbabwe, Triangle has an ethanol plant which
provided 40 million litres for blending with petrol
sugar product range offers a total sweetener solution
including a range of high-intensity sweeteners. Cane during the 2019/20 year.
supplies come from a combination of predominately Voermol Feeds
rain-fed own-estates, large-scale commercial and Voermol Feeds is located at the Maidstone mill in
small-scale private farmers in rural KZN. Tongaat, KZN. Tongaat Hulett manufactures and
Zimbabwe markets a range of energy and supplementary feeds
The sugar operations in Zimbabwe consist of to the livestock farming community through its
Triangle and a 50,3 percent stake in Hippo Valley Voermol® brand. Voermol Feeds is the market leader
Estates, representing a combined installed sugar in the molasses and pith-based animal feeds industry
milling capacity of more than 430 000 tons per in South Africa.
annum. The total installed refined sugar capacity is PROPERTY OPERATION
60 000 tons and the Triangle ethanol plant has an Tongaat Hulett’s portfolio of prime land near Durban
installed capacity of 41 million litres over a 48-week and Ballito in KZN, South Africa, has an indicative
production season. The Huletts Sunsweet® brand is fair value of R11 billion. This significant portfolio of
the leading sugar brand in the country.
developable hectares of prime land has the potential
Mozambique to be converted out of sugarcane into urban land as
Sugar operations comprise the expanded sugar mills and urban development expands and the demand arises.
estates surrounding Xinavane and Mafambisse. The two Tongaat Hulett has well-established land develop-ment
operations have a combined installed milling capacity resources, a solid track record and the right processes to
of more than 204 000 tons of sugar per annum. The realise this value creation process. This will provide the
favourable agricultural conditions, proximity to ports, base for significant value uplift through participation
and the technical support from South Africa, position in the downstream property development value
the Mozambique operations well for further growth. chain, together with meaningful social impact through
stakeholder value creation, social upliftment and job
Botswana creation. The indicative developed value of this portfolio
The Botswana operation has the capacity to pack and is estimated at R35 billion.

Full Name of Company: Tongaat Hulett Ltd Bankers: FNB, Nedbank, Standard & ABSA
Nature of Business: Agriculture, agri-processing KEY PERSONNEL
and property
Services/Products: Chief Executive Officer: Gavin Hudson
ƒ Leading sugar brand in Zimbabwe, Botswana and Chief Financial Officer: Rob Aitken
South Africa, where we have a 128-year history. Strategy and Business Transformation Executive:
ƒ An African agri leader with an unparalleled footprint Dan Marokane
ƒ A leader in the sugar, ethanol, animal feeds and MD Sugar Operations: Simon Harvey
cattle markets Corporate Affairs Executive: Bongani Gumede
ƒ A world leader in sugar milling technology. Business Assurance Executive: Michelle Jean-Louis
ƒ One of the largest portfolios of premier commercial HR Executive: Sashir Milne
land in KZN and South Africa Company Secretary: Johann van Rooyen
ƒ Millions of people in the SADC region are directly
impacted by the sugar industry CONTACT DETAILS
Date Established: 1892 Corporate Office
No. of Employees: >30 000 during the peak milling Physical Address: Amanzimnyama Hill Road, Tongaat,
season KwaZulu-Natal
SA Operations: Tongaat Hulett Sugar and Tongaat Postal Address: P.O. Box 3, Tongaat, 4400
Hulett Properties Tel: +27 (0)32 439 4000 Fax: +27 (0)32 945 3333
Independent External Auditor: Deloitte & Touche E-mail: info@tongaat.com
Internal Auditor: KPMG Website: www.tongaat.com
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