Tongaat Hulett demonstrates commitment to South Africa's sugar industry with a R460 million investment in facility upgrades, ...
Under this transaction, Vision will assume all of Tongaat’s assets with a book value of ZAR5,9 billion (US$330,05 million).
The Durban High Court has dismissed an urgent application by RGS to block Tongaat Hulett Limited’s (THL) business rescue plan, keeping the sugar giant’s recovery on track. The ruling ...
The High Court of South Africa in KwaZulu-Natal has dismissed an application brought by investment management company RGS ... plan of distressed sugar producer Tongaat Hulett.
They said this demonstrates Dalgleish’s belief in the company’s future and its successful exit from business rescue in the not-too-distant future. Trading in Tongaat Hulett’s shares on the ...
The entry of Tongaat Hulett into business rescue in October 2022 left the industry in a precarious state and caused great uncertainty for the growers who rely on the company’s mills ... owed to the ...