Sugar industry holds its breath as Tongaat mum on Robert Gumede buyout
/ 17 November 2023

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

The business rescue practitioners are also silent over the company’s debt deal

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Robert Gumede’s Tongaat Hulett purchase hinges on R2bn PIC loan
/ 9 November 2023

Robert Gumede’s Tongaat Hulett purchase hinges on R2bn PIC loan

The agreement will give Terris Sugar discounted ownership of Tongaat Hulett’s R8 billion bank debt and control at the upcoming creditors’ vote

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