Southern Africa has become well known for being one of the cheapest places on earth to produce sugar. Consequently, million of tons are produced in the region every year. Two companies have come to dominate much of this lucrative industry: Illovo Sugar and Tongaat-Hulett. It is little wonder (given how profitable the sector is), that in 2012 these two South African headquartered sugar giants once again declared massive annual profits . In fact, Illovo and Tongaat-Hulett have been reaping the rewards from their operations in South Africa, Mozambique, Zimbabwe, Tanzania, Malawi, Zambia and Swaziland over the years.