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Agriterra secures USD2.9 million financing with major shareholder

Agriterra Ltd on Friday said it has inked a USD2.9 million trade finance package with its major shareholder, Magister Investments Ltd.

The Guernsey-based agricultural investment company said that it. ....

Sophie Rose , Caroline Havers , First Capital Bank , Magister Investments Ltd , Agriterra Ltd On , Alliance News Ltd , Alliance News , Magister Investments , Desenvolvementoe Comercializacao Agricola , Chair Caroline Havers , All Rights ,

Tongaat Hulett CEO Gavin Hudson resigns, business rescue plan is delayed

The release of a business rescue plan for embattled sugar producer Tongaat Hulett has been pushed by a month until the end of February, when CEO Gavin Hudson will also leave the firm after just over four years in the job. ....

South Africa , Eastern Cape , Peter Staude , Tongaat Hulett , Gavin Hudson , Industrial Development Corporation , Magister Investments ,

Troubled Tongaat says secures IDC funding to complete s...

Troubled sugar producer Tongaat Hulett, which entered business rescue in October,  has acquired "post commencement finance" from the Industrial Development Corporation of South Africa (IDC). This will enable it to finish out the current season with seed capital to prepare for the next while the. ....

Kwazulu Natal , South Africa , South African , Durban Specialised Commercial Crimes Court , Durban High Court , Business Rescue Exchange , Business Rescue , Companies Act , Post Commencement Finance , Commencement Finance , Durban High , Magister Investments , Zimbabwean Rudland ,