A CONSORTIUM led by President Emmerson Mnangagwa s ally Robert Gumede has taken control of financially troubled South Africa-headquartered sugar producer Tongaa.
A consortium led by President Emmerson Mnangagwa's ally Robert Gumede has taken control of financially troubled South Africa-headquartered sugar producer Tongaat Hulett. Tongaat Hulett, an agriculture and agri-processing business with interests in Zimbabwe through its local unit, focuses on sugarcane and maize. Early this month Tongaat Hulett's business rescue practitioners confirmed that Gumede's Terris consortium…
A CONSORTIUM led by President Emmerson Mnangagwa’s ally Robert Gumede has taken control of financially troubled South Africa-headquartered sugar producer Tongaat Hulett. Tongaat Hulett, an agriculture and agri-processing business with interests in Zimbabwe through its local unit, focuses on sugarcane and maize. Early this month Tongaat Hulett’s business rescue practitioners confirmed that Gumede’s Terris consortium…