5 articles tagged with “Tongaat Hulett”
The government is intervening to prevent agricultural giant Tongaat Hulett's collapse while simultaneously opening rail freight to private operators, marking a dual approach to industrial policy that balances market liberalisation with strategic protection.
The collapse of Tongaat Hulett threatens 1,200 sugar growers and 5,000 jobs, as forensic investigations reveal how corporate fraud hollowed out one of Africa's oldest agribusinesses.
The arrest of Robert Mugabe's son in Johannesburg for attempted murder comes as Zimbabwe prepares civil service salary reforms and South Africa confronts the potential collapse of agricultural giant Tongaat Hulett—a convergence revealing the fragility of institutions across the region.
South Africa's trade ministry will oppose liquidation proceedings against Tongaat Hulett after a three-year rescue attempt collapsed, threatening thousands of jobs in the struggling sugar sector.
Precious metals shares comprising over 25% of the JSE All Share Index create significant concentration risk for South Africa's benchmark, while the potential collapse of sugar producer Tongaat Hulett signals deeper industrial challenges.