Latest News for: tongaat

Edit

Tongaat Hulett and the governance gap between reporting and reality

Independent online (SA) 17 Feb 2026
How does an organisation with established reporting systems, external audits and formally constituted governance structures unravel to this extent? The provisional liquidation of Tongaat Hulett (Tongaat) provides a stark answer.
Edit

FEATURE | Tongaat Hulett liquidation threat shakes KwaZulu-Natal cane belt

Business Day 16 Feb 2026
Phase 2 of the sugar masterplan faces uncertainty with Tongaat possibly in liquidation .
Edit

Tongaat Hulett faces liquidation after Vision and and BRPs clashed over business rescue plan

Independent online (SA) 16 Feb 2026
"Tongaat has no access to urgent required funding, nor does it appear it will be provided with the much, needed interim further funding to sustain its operations and meet its payment obligations from the end of March 2024.
Edit

Tongaat’s liquidation, a Swiss bank opens in SA, and the February tax deadline

Moneyweb 16 Feb 2026
This evening we dive into the latest market movements with Rand Swiss, we speak to ...
Edit

Tongaat Hulett Liquidation Shock: Sugar Industry Warns of Job Losses and Rural Collapse as Growers ...

Independent online (SA) 15 Feb 2026
Industry leaders and a sugar farmer say that the provisional liquidation of Tongaat Hulett is a major blow to the industry and have called for Tongaat to be saved ... Tongaat Hulett supplies about 27 percent of the local market so it will be a disaster.
Edit

Tongaat Hulett faces liquidation: Vision Group's plan to rescue the sugar giant

Independent online (SA) 15 Feb 2026
The Vision Group, the secured lender to Tongaat Hulett Limited (THL), has pledged to salvage the business by securing control over the assets that had been pledged as security and protecting the integrity of the company.
Edit

Tongaat Hulett's provisional liquidation: A major blow to South Africa's sugar industry

Independent online (SA) 15 Feb 2026
Harold Maistry, President of the Tongaat Civic Association, said Tongaat Hulett Group is deeply rooted in the KwaZulu-Natal North Coast and has historically functioned as the economic, social, and industrial backbone of the town of Tongaat.
Edit

South African sugar producer Tongaat Hulett has gone bankrupt

AK&M Information Agency 14 Feb 2026
Link to source to read story ....
Edit

Crisis mode as Tongaat business rescue collapses, threatening 200,000 jobs

Business Day 12 Feb 2026
Billionaire Robert Gumede’s group failed to complete a package of non-negotiable terms .
Edit

CORPORATE PULSE | Gumede’s Tongaat gambit reshapes creditor power

Business Day 12 Feb 2026
Liquidation path strengthens leverage but risks KZN political fallout .
Edit

Tongaat on brink of collapse, again

Moneyweb 12 Feb 2026
A financing deal could still be negotiated even if the sugar-maker is placed into liquidation ... .
Edit

SA Canegrowers raises red flag as Tongaat Hulett files for liquidation

Independent online (SA) 12 Feb 2026
Tongaat Hulett has filed for provisional liquidation at the ... “These included funding requirements beyond the financing of the IDC PCF facility and the SASA escrow amount,” said Tongaat Hulett.
Edit

Tongaat Hulett seeks regulatory reforms to save South Africa's sugar industry

Independent online (SA) 27 Jan 2026
Tongaat Hulett is seeking policy and ... “Tongaat Hulett’s concerns have been tabled in the relevant Sasa structures, which include the dtic, and are currently being dealt with in the appropriate forums.”.
Edit

Strange times

Moneyweb 19 Jan 2026
Gary Booysen of Rand Swiss runs us through the day's market developments, including platinum and gold miners, rising interest in silver, the complexities of commodity pricing, safe-haven assets, and overall market sentiment ... .
Edit

Watch: Community unites to support Tongaat couple after devastating Christmas Day fire

Independent online (SA) 08 Jan 2026
A CHRISTMAS Day outing turned into tragedy for a Tongaat couple after their home in Sandfields was destroyed by fire while they were away celebrating at the beach.

Article Search

tools
×
×
×
×