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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
14th April 2026
The second phase of the Sugarcane Value Chain Masterplan to be implemented by the government through 2030 will focus on product diversification and securing jobs, said the Trade, Industry and Competition deputy minister Zuko Godlimpi, according to the Engineering News.Tags: government, sugarcane, News excerpt, sugar, industry
Countries: South Africa