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Tongaat Hulett s creditors finally accept rescue plan

The Tongaat Hulett plan offers more job security for tens of thousands of people whose livelihoods depend on the industry in KwaZulu-Natal.

Kwazulu natalSouth africaSouth africanChris loganPeter staudeSamantha shukiaBahle sibisiKamasagrie singhRory wilkinsonTongaat hulettGavin krugerMurray munroAlijan ibragimovAlexander machkevitchRobert gumedeMichael deighton

Tongaat Hulett revises business rescue plan, Selati owner quits legal action

RCL Foods believed this delay could negatively affect the interests of industry stakeholders, including growers and millers.

South africaKwazulu natalSouth africanPeter staudeMurray munroTongaat huletTongaat hulettAfrican sugar associationDurban specialised commercial crimes courtSa sugar associationDurban high courtJohannesburg stock exchangeSelati sugarSouth african sugar association

Tongaat shareholders set to receive nothing for their shares

The amended business rescue plan for sugar producer and property company Tongaat Hulett is expected to be published by 31 October.

South africaKwazulu natalJohan van rooyenKamlasagrie singhTongaat hulettRory wilkinsonMurray munroGavin krugerDavid woollamMichael deightonPeter staudeVan rooyenSamantha shuklaFinancial sector conduct authorityNational prosecuting authorityTongaat hulett limited

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