Tongaat Hulett business rescue on, but sugar industry is concerned over R900 in unpaid levies – The Mail & Guardian
Vision Partners say they will “engage and settle” with the SA Sugar Association
Source: mg.co.za
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Tongaat Hulett's creditors finally accept rescue plan
The Tongaat Hulett plan offers more job security for tens of thousands of people whose livelihoods depend on the industry in KwaZulu-Natal.
Source: dailymaverick.co.za
RGS abandons Tongaat bid, claims business rescue is rigged – The Mail & Guardian
Bidder says rescue practitioners tried to manipulate process to favour ANC funder Robert Gumede
Source: mg.co.za
Tongaat Hulett revises business rescue plan, Selati owner quits legal action
RCL Foods believed this delay could negatively affect the interests of industry stakeholders, including growers and millers.
Source: citizen.co.za
New court action over Tongaat rescue
RCL Foods has filed another urgent interdict to stop a meeting scheduled for Wednesday to vote on Tongaat Hulett's rescue plans, citing an “unlawful” revised plan by one of the bidders for the ailing sugar group.
Source: timeslive.co.za
RGS slams 'rush' to hold Tongaat meeting
The Mozambican company, which is hoping to buy Tongaat, says the business rescue practitioners want to hold a key creditors meeting by the end of the week.
Source: timeslive.co.za
Can new Eskom CEO Dan Marokane fix broken power utility mired in corruption?
Marokane returns to an infinitely more broken Eskom, this time as the power utility’s new CEO.
Source: dailymaverick.co.za
IDC climbs into the ring in Tongaat legal battle
Development finance body joins action to allow key shareholders meeting to go ahead on Wednesday.
South Africa World War Sunday Times Ingonyama Trust Vision Investments Industrial Development Corporation
Source: timeslive.co.za
Tongaat shareholders set to receive nothing for their shares
The amended business rescue plan for sugar producer and property company Tongaat Hulett is expected to be published by 31 October.
Source: citizen.co.za