Major sugar mill in KwaZulu-Natal enters business rescue
The Gledhow sugar mill in Stanger, KwaZulu-Natal, which services more than 245 sugarcane growers, has been placed in business rescue.
Industry body the South African Cane Growers Association (SA Canegrowers) says, noting its grave concern, that the Gledhow sugar mill situation is testament to the sugar industry’s growing distress, and signals the need for urgent intervention to prevent the crisis from deepening.
The growers that serve the Gledhow mill produce more than 1.1-million tons of sugarcane a year, about 6% of the industry’s total output. The growers also employ more than 3 400 workers from surrounding communities.
When JSE-listed sugar manufacturer Tongaat Hulett placed its South African operations into business rescue in October 2022, it caused an acute crisis in the sugar industry, including delays in grower payments and uncertainty about the future of sugar milling operations on the north coast of KwaZulu-Natal.
SA Canegrowers says Gledhow’s supplying growers now face uncertainty as to whether the mill will operate normally as the new season starts on April 1, and whether the mill will be able to pay for sugarcane that is delivered.
The industry body is engaging extensively with the mill’s management, the South Africa Sugar Association and with growers on the way forward, keeping the livelihoods supported by the industry top of mind.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...
VISIT SHOWROOM
Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
