AFRICAN Listing Details
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Profile
Tongaat Hulett is an agriculture and agri-processing business focused on sugarcane and maize. Its agricultural activities have built a substantial land portfolio in KwaZulu-Natal, strategically positioned for future development. A key part of its vision is maximizing land value by aligning with demand and optimal use.
Through its sugar and starch operations, it produces refined carbohydrate products, leveraging global sweetener market dynamics to maximize revenue. Its sugar operations are well-positioned to benefit from renewable electricity and ethanol opportunities in South Africa and the SADC region.
Founded in the mid-1800s from a merger of Tongaat Group Limited and Huletts Corporation Limited, it has been listed on the JSE since 1952 and the LSE since 1939. Strong stakeholder relationships, including governments, farmers, and communities, are central to its growth strategy and long-term success.