Tongaat Hulett Developments

latest news & developments

Cut up: Many sugar farmers in KwaZulu-Natal are in trouble after the mill at Tongaat Hulett, which is in business rescue, failed to pay them for their produce. (Delwyn Veasamy/M&G)

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

Anathi Madubela

While Tongaat Hulett Pty Limited’s (THL) business rescue practitioners (BRPs) seek liquidation, parties opposed to the move have filed court papers to block it. (Delwyn Verasamy/M&G)

Tongaat Hulett sugar division to be sold to a Tanzanian firm

The acquiring company will also buy Tongaat’s investments in Zimbabwe, Mozambique and Botswana

Anathi Madubela

While Tongaat Hulett Pty Limited’s (THL) business rescue practitioners (BRPs) seek liquidation, parties opposed to the move have filed court papers to block it. (Delwyn Verasamy/M&G)

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

Anathi Madubela

The entire sugar eco-system and stakeholders require certainty and a sustainable solution before the insolvency court sits to hear the BRP’s application for provisional liquidation of THL . (Delwyn Verasamy/M&G)

Tongaat claims R450-million from former executives

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

Paddy Harper