Vision, the lead secured lender to the troubled sugar giant, said it was committed to saving the company and jobs despite the business rescue process failing
The agreement will give Terris Sugar discounted ownership of Tongaat Hulett’s R8 billion bank debt and control at the upcoming creditors’ vote
South African competition watchdog has approved Tongaat takeover – with conditions
Peter Straude and six others get bail over fraud that cost 8 000 workers their jobs.
Lindiwe Sisulu’s broadside isn’t the only attack on SA’s supreme law.
The group also wants to recoup $9-million in fake sugar sales in Zimbabwe