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New court action over Tongaat rescue

RCL Foods has filed another urgent interdict to stop a meeting scheduled for Wednesday to vote on Tongaat Hulett's rescue plans, citing an “unlawful” revised plan by one of the bidders for the ailing sugar group. ....

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RGS slams 'rush' to hold Tongaat meeting

The Mozambican company, which is hoping to buy Tongaat, says the business rescue practitioners want to hold a key creditors meeting by the end of the week. ....

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IDC climbs into the ring in Tongaat legal battle

Development finance body joins action to allow key shareholders meeting to go ahead on Wednesday. ....

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Tongaat's survival 'vital for KZN'

Analysts and cane growers warn of renewed unrest if sugar giant folds, jeopardising the livelihoods of tens of thousands of people ....

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Tongaat's debt plan critical for group's future

JSE-listed Tongaat Hulett this week outlined its plans to loosen the more than R6bn debt chokehold it is in, including possible equity capital injections from strategic partners or the sale of some or all of its operations elsewhere in Africa. ....

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