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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Black, small-scale sugarcane growers hit by Tongaat Hulett woes get R176m lifeline
/ 1 August 2023

Black, small-scale sugarcane growers hit by Tongaat Hulett woes get R176m lifeline

The South African Sugar Association will make payments for the 2023-24 season after sugar mills in northern KwaZulu-Natal defaulted on payments

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Small-scale sugarcane farmers welcome potential sale of Tongaat Hulett
/ 26 July 2023

Small-scale sugarcane farmers welcome potential sale of Tongaat Hulett

The farmers hope that new management at Tongaat’s sugar operations will bring stability to the industry

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Illovo Sugar won’t buy Tongaat Hullet’s assets
/ 13 June 2023

Illovo Sugar won’t buy Tongaat Hullet’s assets

Eight companies are interested in bidding for either a full purchase of the company or parts of it

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It’s crisis time for out-of-touch JSE
/ 3 June 2023

It’s crisis time for out-of-touch JSE

Delistings and barriers to newcomers threaten to make the local bourse more top-heavy, seeing it serve an even narrower section of the economy

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Warning labels are food for thought
/ 2 June 2023

Warning labels are food for thought

The sugar industry says new regulations aimed at combating health problems will hurt profits and jobs, but a civil society coalition strongly disagrees

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Sugar industry slump a bitter pill for North Coast towns
/ 7 May 2023

Sugar industry slump a bitter pill for North Coast towns

Shakaskraal is a microcosm of what lies ahead for many towns KwaZulu-Natal if its ailing sugar mills collapse

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The bittersweet story of Tongaat Hulett and its demise
/ 13 November 2022

The bittersweet story of Tongaat Hulett and its demise

More than a century later, the descendants of indentured Indian labourers, stand to lose their livelihoods as the company faces collapse

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Anxious wait for farmers as Tongaat Hulett money crisis grips
/ 13 November 2022

Anxious wait for farmers as Tongaat Hulett money crisis grips

Next season is also under threat if sugar giant’s mills close

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Abandoning core sugar business killed off Tongaat Hulett
/ 12 November 2022

Abandoning core sugar business killed off Tongaat Hulett

Departing from its core business, and having its fingers in too many pies, is what crippled Tongaat Hulett and ultimately left it open to massive fraud

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Tongaat claims R450-million from former executives
/ 11 January 2022

Tongaat claims R450-million from former executives

The group also wants to recoup $9-million in fake sugar sales in Zimbabwe

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Slice of life: The powers of crocodile meat
/ 6 March 2020

Slice of life: The powers of crocodile meat

With my generation, we don’t have that much knowledge. But if you talk to our grandfathers they will tell you this type of meat is medicine. We get customers coming to buy it, especially for asthma and other chest problems. You have to have it boiled. It has to be plain as it is, maybe […]

Net closes on alleged Tongaat fraudsters
/ 14 February 2020

Net closes on alleged Tongaat fraudsters

The National Prosecuting Authority (NPA) is still deciding whether to prosecute the Tongaat Hulett executives — including its former chief executive — allegedly responsible for the R11-billion fraud which has gutted the sugar and property giant. The 10 former top managers from the company’s South African, Mozambican and Zimbabwean operations were implicated in accounting irregularities, […]