Tongaat Hulett Property has been changing the landscape of KwaZulu-Natal over the last 30 years. Innovation, vision and dedication have been paramount to the Tongaat Hulett Property journey. It has been Tongaat Hulett Property’s goal to drive transformation of the real estate industry and achieve value creation for all its stakeholders through an all-inclusive approach to growth and development.
Since 1990, Tongaat Hulett together with their partners, have facilitated investment of more than R70 billion into the region from land conversion activities across an array of sectors, including:
We would not achieve exceptional results without the partnerships and collaborative efforts between Tongaat Hulett Property and local municipalities, communities, businesses, developers, investors and environmental organisations. We have worked together to create innovative strategies and solutions that serve the social and economic realities of the region.
Tongaat Hulett is an agriculture and agri-processing business that has a unique land conversion platform. This means that we consider the best use of the available land while also creating value for all stakeholders. Tongaat Hulett works towards uplifting communities, improving farming production and systems, infrastructural development, land resource planning, as well as conservation and land rehabilitation.
As a result, Tongaat Hulett has taken these strategic land holdings in the growth corridors of KwaZulu-Natal and facilitated the conversion of this land into commercially beneficial uses.
Tongaat Hulett’s sugar mills in South Africa are supplied by more than 120 000ha of sugarcane land, of which some 34% is farmed by communal, small-scale farmers and land reform growers and just over 7% is owned by the company. Tongaat Hulett is focused on creating stakeholder value through converting land within its portfolio to enable investors, developers, end-users, and authorities to access bankable, shovel-ready real estate investment projects that yield the best possible urban use.
Tongaat Hulett is passionate about serving the community and creating significant transformation. As a result, Tongaat Hulett launched the Socio-economic, sustainability and innovation programme (SSIP) in 2014, to facilitate and create local, community-based social and economic development across the full value-chain of property development. The programme aims to enable seamless integration and alignment between communities and economic investment. The intention of the SSIP is to create a stable and sustainable socio-economic environment, through direct community-based activity.
The programme is activated in a considered, holistic, and strategic manner. Here are the following steps that take place:
Social and economic opportunity analysis informs the process of matching identified needs with economic opportunities.
Skills and learning development is matched to local economic opportunities and is facilitated through established learning platforms.
Enterprise development and SMME business incubation assists local entrepreneurs to become trade ready, with the primary emphasis being on construction-based opportunities.
Opportunity linkages are activated to ensure that all those seeking opportunities are linked to suitable opportunities. Ongoing engagement with enterprises offering opportunity and facilitating visibility and skills pairing.
Sources of income opportunities are identified, and qualifying individuals or enterprises are linked. These opportunities can include various sectors such as: retail, BPO, construction and formal enterprise, domestic services, urban and open space management, urban farming and beautification, hospitality, and tourism.
iThuba Offices (opportunity hubs), in the communities of Waterloo, Cornubia and Blackburn have been established as central information and application points. These hubs currently service various Tongaat Hulett initiatives underway on the North Coast.