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Vision Investments, which is in the process of buying troubled sugar maker Tongaat Hulett, has opened a fraud case against losing bidder RGS of having submitted a forged bank letter claiming it had R2bn to buy the company.
The Liberty Corridor will contain a new heavy duty railroad connecting the Nimba district of Guinea to a new Liberian deep water port-The Liberty Corridor will be a leading African example of multi-user, independently operated, open access infrastructure that will support the economic opening of the West African region to World markets-An estimated investment of US$3 to $5 billion will enable sustainable mineral development and downstream value addition to regional economies-Guma Africa Group Lt
A consortium of a Zimbabwean businessman, a South African billionaire and a Pakistani sugar producer is now in charge of Zimbabwe’s largest sugar producer. Tongaat Hulett, which runs the Hippo Valley and Triangle estates in the Lowveld, went into business rescue in October 2022 to prevent bankruptcy. This was after a fraud by its executives
A consortium of a Zimbabwean businessman, a South African billionaire and a Pakistani sugar producer is now in charge of Zimbabwe’s largest sugar producer. Tongaat Hulett, which runs the Hippo Valley and Triangle estates in the Lowveld, went into business rescue in October 2022 to prevent bankruptcy. This was after a fraud by its executives…
As current interim CEO Dan Marokane exits to take on the top job at Eskom.