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Africa Brief: Illovo’s record tons of cane, PPC in Africa, Nedbank eyes East Africa and more






Illovo Sugar reported a 43% rise in headline earnings per share to 189.6c for the year ended March. Illovo delivered a record pro­duction of sugar cane from its own farms of 6.5-million tons, while independent fanners also did well. Between Illovo’s own farms and independent farmers, nearly 15-million tons of cane was crushed. And they’ve produced 14% more sugar from that cane than the year before with sugar production of 1.75-million tons.

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Big Cities Infrastructure Prioritisation











Cities are burdened with aging and failing infrastructure in some areas on the one hand, as well as huge development and service delivery needs in previously disadvantaged areas on the other. In many cities across Africa, government institutions that are charged with the responsibility of delivering and maintaining infrastructure have become stretched by skills shortages and increased maintenance responsibilities.

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