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Have the wheels fallen off for Peloton?

It was the lockdown humblebrag of the hip and wealthy, popularised by trendy users like Rishi Sunak but with the news that Peloton is cutting 400 jobs, has the gimmick officially run out of road?

Tongaat shareholders advised to sell, even for 1c per share

Tongaat s debt plan critical for group s future​

JSE-listed Tongaat Hulett this week outlined its plans to loosen the more than R6bn debt chokehold it is in, including possible equity capital injections from strategic partners or the sale of some or all of its operations elsewhere in Africa.

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