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Tongaat ditches Zimbabwean businessman, to sell Zimbabwe sugar estates to Tanzania's Kagera

South Africa’s Tongaat Hulett is to sell its sugar estates, including those in Zimbabwe, to Kagera Sugar, one of East Africa’s largest sugar producers. This is part of a plan to rescue Tongaat Hulett group, which has struggled for survival since 2019, hurt by corporate scandals and debt. “The proposed transaction will comprise the acquisition ....

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Troubled Tongaat to sell Zimbabwe sugar estates to Tanzania's Kagera – The Zimbabwe Mail

Troubled Tongaat to sell Zimbabwe sugar estates to Tanzania's Kagera – The Zimbabwe Mail
thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.

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