the owner of Selati Sugar, RCL Foods, will not proceed with its application to bring an interdict against the struggling competitor. This, after Tongaat Hulett announced that it was revising it ...

Robert Gumede is the new owner of South Africa's biggest sugar producer, Tongaat Hulett. The company has been in business rescue since 2022 after fraud and corruption collapsed its finances.

Tongaat Hulett Developments (THD), in business rescue with its parent Tongaat Hulett Limited and the owner of extensive property interests in KwaZulu-Natal, will only pay its creditors who are ...

Who sits behind Magister Investments, the prospective new owner of the sugar giant ... Mauritian company planning to take control of Tongaat Hulett, has a 41% mystery shareholder who has been ...

Things have been sour for sugar giant Tongaat Hulett since 2019, when a new management team uncovered ... Youness is the ultimate beneficial owner. Youness, notably, was a longtime consultant to three ...

Distressed JSE-listed sugar producer Tongaat Hulett has announced that it will sell all its assets and operating businesses in South Africa to Vision Sugar South Africa. The purchase price for ...

Tongaat has confirmed that this puts the transaction on hold: “Tongaat Hulett will not proceed with ... that Magister had only one beneficial owner: “Magister has advised that it is controlled ...

The market was caught off-guard yesterday by the surprise announcement that troubled, debt-laden Tongaat Hulett – the sugar and property group, with a legacy of 130 years under its belt – had ...

Ranging from owner and farmer manager to junior farm assistant, Tongaat Hulett is celebrating three inspiring KwaZulu-Natal women in agriculture this Women's Month who are involved in sugar cane ...

Deloitte has been entangled in both the Tongaat Hulett and Steinhoff accounting ... You must invest with executives who have skin in the game, owner-managers who are on the ball and aligned ...

HARARE (Reuters) - Sugar producer Tongaat Hulett Zimbabwe plans to lay off 1,000 employees by August this year, a company official said, as it seeks to cut costs and survive the country's currency ...

HARARE, Jan 16 (Reuters) - Sugar producer Tongaat Hulett Zimbabwe plans to lay off 1,000 employees by August this year, a company official said, as it seeks to cut costs and survive the country's ...