Tongaat Hulett enters business rescue
Lenders run out of patience
South Africa's largest sugar producer is battling with the fallout of an accounting scandal, flooding and riots in KwaZulu-Natal, as well as with its own operational inadequacies.
Karl Gernetzky - Struggling sugar producer Tongaat Hulett, which is choking on a South African debt pile more than ten times its market value, is heading for business rescue after ...
If you are an active subscriber and the article is not showing, please log out and back in. Free access to articles from 12:00.
Comments
Namibian Sun
No comments have been left on this article