The parties have chosen to instead work together to keep Tongaat Hulett operating and to protect the value it holds for its employees.' ...

Last-minute agreement keeps the sugar producer in business rescue, unlocks fresh capital and safeguards a quarter of a million jobs.

Tongaat Hulett avoids liquidation after IDC funding extension secures its business rescue plan, marking a major breakthrough for the South African sugar industry, jobs and growers.

There will be no wholesale retrenchments at Tongaat Hulett, according to Vision Group of Companies chairperson Robert Gumede.

How Robert Gumede, a self-made billionaire, led a R4 billion rescue of Tongaat Hulett, saving 250 000 jobs and showcasing the ...

If the Durban High Court had given the provisional liquidation of KwaZulu-Natal sugar giant Tongaat Hulett Limited (THL) the ...

KwaZulu-Natal sugar giant Tongaat Hulett Ltd (THL) has been saved from liquidation after a binding agreement was reached between Business Rescue Practitioners, the Industrial Development Corporation ...

The KwaZulu-Natal Transport Department says it remains encouraged by the support of Trade, Industry and Competition Minister Parks Tau after high-level engagements in the King Cetshwayo district. The ...

EFF statement on the IDC intervention in Tongaat Hulett and the future of South Africa’s sugar industry. 23 June 2026. The ...

Last-minute funding deal allows the struggling sugar giant's mills to open for the season, buying time for more than 18,000 KZN canegrowers Tongaat Hulett escaped liquidation on Thursday after the ...

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