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16th April 2026
Tongaat Hulett has secured an extension of a funding facility from the Industrial Development Corporation (IDC), allowing it to continue its business rescue proceedings and avoid liquidation for now, according to Business Tech.Tags: liquidation, Corporate, News excerpt, industry
Countries: South Africa
16th April 2026
Sugarcane growers in South Africa's North Coast have welcomed the planned reopening of the Maidstone Mill in May, but remain cautious amid uncertainties about the future of the financially distressed Tongaat Hulett, according to The Post.Tags: Corporate, Production, News excerpt, farmers, industry
Countries: South Africa
16th April 2026
Hearings to decide the future of South Africa's biggest sugar producer, Tongaat Hulett, will be held at the Durban High Court on April 16 and 17, as the government tries to block the final liquidation of the company, according to Business Report.Tags: Corporate, Finance, Legal, News excerpt, industry
Countries: South Africa