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Tongaat Hulett business rescue practitioners dump Kagera, submit new preferred bidders
The business rescue practitioners say the proposal by Kagera – an unknown company from Tanzania – cannot be considered, but they have two more solid bidders in the bag.
Kwazulu natal
South africa
South african
Tongaat hulett
Robert gumede
Gijima group
Norfund norwegian investment fund for developing countries
Kagera sugar
African sugar association sasa
Tongaat hulett limited
Super group
Durban high court
Metis strategic advisors
Sugar limited
Norwegian investment fund
Developing countries
Tongaat Hulett investors told they are last in long line
Tongaat Hulett’s business rescue plan is to be published at the end of next month, but the BRPs, staff and banks must be paid first.
Eastern cape
South africa
South african
Trevor murgatroyd
Tongaat hulett
Gerhard albertyn
African revenue service
Department of water
Norfund norwegian investment fund for developing countries
Kagera sugar
Industrial development corporation
Super group
Sa sugar association
Standard bank
South african revenue service
Metis strategic advisors
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