/ 17 November 2023

Sugar industry holds its breath as Tongaat mum on Robert Gumede buyout

Tongaat Hullet Dv1 (1)
Friday’s crucial creditors vote on a business rescue plan for troubled sugar giant Tongaat Hulett is set to be delayed again by court action by the South African Sugar Association (Sasa) to secure the R1.5 billion in unpaid industry levies it is owed. Photo: Delwyn Verasamy
The business rescue practitioners are also silent over the company’s debt deal

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