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Golden Frontiers Citrus

TSB Sugar co-owns, with the Industrial Development Corporation (IDC) a citrus production company Golden Frontier Citrus (GFC). The company produces grapefruit and oranges that include Star Ruby, Rose, Marsh, Delta, Valencia and Midnight and are exported through Maputo and Durban harbours.
 
Black shareholders will own 49% currently held by the IDC, after they have repaid the stake through profits. 25% of Golden Frontiers Citrus will be owned by local communities and 24% by employees, and profits will be distributed on a pro rata basis in terms of the shareholding arrangement.

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