Supplying information to the global sugar and ethanol industries for a quarter of a century.
Supplying information to the global sugar and ethanol industries for a quarter of a century.
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16th June 2026
Vision Group shareholder and consortium member Robert Gumede said Vision Group is in talks with South Africa’s Industrial Development Corporation (IDC) to take an equity stake in Tongaat Hulett in exchange for additional funding, as part of efforts to avoid the sugar company's liquidation, according to a Bloomberg news report cited by News 24 on June 15.Tags: Corporate, News excerpt, industry, debt
Countries: South Africa
4th June 2026
The South African sugarcane producers' association SA Canegrowers has urged the government and business rescue practitioners to work to prevent the liquidation of sugar producer Tongaat Hulett, warning that this would put the country's sugarcane sector at risk, reports Sugaronline.Tags: Corporate, sugarcane, farmers, industry, growers
Countries: South Africa
4th June 2026
South Africa's Parliamentary Portfolio Committee on Trade, Industry and Competition has warned that a potential liquidation of Tongaat Hulett remains a major threat to the industry’s recovery, according to a statement released by the government on June 2.Tags: sugarcane, Trade, industry
Countries: South Africa