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