Tongaat Hulett proceeds with debt-to-asset swap
The stakeholders include the lender group, the Industrial Development Corporation of South Africa Ltd and shareholder bodies.
By Tatira Zwinoira
Dec. 11, 2024
Zim, Moza approvals delay Tongaat deal
Vision, a South African investment consortium, is in the process of purchasing Tongaat’s assets through a debt-to-asset swap worth ZAR5,9 billion (US$330,05 million).
By Tatira Zwinoira
Nov. 5, 2024
Interview: Bigger plans ahead for Tongaat
It has been a long journey for us. We have been looking at Tongaat since 2020. So it has been for years, and we have just come up with a business rescue plan.
By Tafadzwa Mhlanga
Feb. 9, 2024
Tongaat consortium mulls massive power project
The announcement comes following the recent approval of the firm’s business rescuer plan (BRP) by creditors, marking a crucial step in Tongaat Hulett’s journey to stability.
By Tafadzwa Mhlanga
Feb. 9, 2024
Tongaat Hulett in talks with 8 potential investors: Hippo Valley
He said THL’s holdings in Hippo Valley Estates Ltd and Triangle Ltd, were not under business rescue and, therefore, were not directly impacted by the BRP.
By Melody Chikono
Jun. 22, 2023
Southern Africa’s smallholder farmers vulnerable
Tongaat Hulett’s mammoth sugar operations cover 119 000 hectares in South Africa
By Gaynor G Paradza
Dec. 2, 2022
