Zimbabwe’s controversial Rudland family is set to take control of the 130-year-old southern African sugar giant in a R2bn takeover that has left some existing shareholders furious and raises fears the transaction could become a channel into the legitimate economy for dodgy cash. Zimbabwe’s.
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Minority shareholders and activists are mounting a fightback against a proposed R2bn sale of new shares by major sugar group Tongaat Hulett to the Zimbabwean Rudland family, accused of building their fortune on ties to the Zanu PF and questionable cigarette sales.