SOUTH Africa’s Supreme Court of Appeal (SCA) has laid bare a far deeper financial hole at embattled sugar producer Tongaat ...

The business rescue practitioners (BRPs) for financially troubled Tongaat Hulett say they are considering their next steps in the ongoing dispute over the sugar producer’s liability to settle industry ...

Sugar producer Tongaat Hulett says it will not be able to meet its 31 March deadline with lenders to conclude its rights offer. The Mauritius-based company Magister Investments has committed some R2 ...

Tongaat Hulett appears to be inching its way towards liquidation as the (currently suspended) JSE-listed sugar producer and property developer’s business rescue process increasingly becomes bogged ...

Tongaat Hulett appears to be inching its way towards liquidation as the (currently suspended) JSE-listed sugar producer and property developer’s business rescue process increasingly becomes bogged ...

The amended business rescue plan for sugar producer and property company Tongaat Hulett is expected to be published by 31 October. Grim news: Any additional value that might be gleaned from the assets ...

Sugar producer Tongaat, whose debt pile is more than tenfold its R545 million market value, has now received board approval for a proposed restructuring plan, saying on Friday it will now start talks ...

Sugar and property giant Tongaat Hulett, crippled by a Steinhoff-style corporate governance scandal, will start retrenching workers and evicting them from its farms from the end of this month.

STORY: In rural southeastern Zimbabwe, sugar canes are being loaded onto a trailer. They're destined for mills owned by Tongaat Hulett Zimbabwe. The sugar company said on Friday (June 21) that it ...

Sugar producer Tongaat Hulett said on Thursday it had been placed under business rescue as a result of its debt burden. The struggling company said its debt levels remained well in excess of what ...