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