Latest News for: tongaat

Edit

News24 | ANALYSIS | AmaBhungane: The violation of Tongaat Hulett

News24 23 Feb 2026
Corporate ‘hijacking’ is a team sport – as the business rescue process at beleaguered sugar giant Tongaat Hulett Limited shows, writes amaBhungane’s Sam Sole ... .
Edit

Tongaat Hulett provisional liquidation: IDC non-committal about additional support

Moneyweb 23 Feb 2026
Follows the dtic’s confirmation it will oppose the provisional liquidation bid by the BRPs and support efforts towards a viable, lasting solution ... .
Edit

Trade, Industry and Competition on safeguarding Tongaat Hulett, the sugar sector, and related jobs (Government of the Republic of South Africa)

Public Technologies 23 Feb 2026
The Department of Trade, Industry and Competition (the DTIC notes the latest developments relating to Tongaat Hulett Limited (THL), including the pending liquidation proceedings currently before the courts.
Edit

Government opposes liquidation of Tongaat Hulett amid industry concerns

Independent online (SA) 22 Feb 2026
The news comes following more calls to help Tongaat Hulett. DTIC said that they note the latest developments relating to Tongaat Hulett Limited (THL), including the pending liquidation proceedings currently before the courts.
Edit

Government moves to save Tongaat Hulett from liquidation

Business Day 21 Feb 2026
Minister Parks Tau and others step in to avert Tongaat's collapse amid import surge .
Edit

Govt reiterates efforts to protect sugar sector amid pending Tongaat Hulett liquidation

Eye Witness News 21 Feb 2026
.
Edit

Tongaat crisis threatens systemic failure in SA’s sugar industry

Moneyweb 20 Feb 2026
SA Canegrowers urges Ramaphosa and key ministers to act before 18 000 growers lose their only milling lifeline ... .
Edit

Urgent plans unveiled by KwaZulu-Natal premier to rescue Tongaat Hulett Sugar from liquidation

Independent online (SA) 19 Feb 2026
KwaZulu-Natal Premier Thamsanqa Ntuli has announced plans to save the financially struggling Tongaat Hulett Sugar from liquidation. Last week, the 134-year-old sugar giant announced that it had filed for liquidation after business rescue plans failed.
Edit

Tongaat Hulett collapse looms

Mail Guardian South Africa 19 Feb 2026
Tongaat’s liquidation would affect smaller industries downstream which were dependent on the sugar giant for revenue, economist Sifiso Skenjana said ... “There is likely to be a direct, indirect and induced effect to be felt by people of Tongaat.
Edit

How the Tongaat Hulett crisis could devastate South Africa's rural sugar economy

Independent online (SA) 19 Feb 2026
The application to place Tongaat Hulett into provisional liquidation has crystallised a reality many in the sector have feared for some time ... Tongaat is not a peripheral player ... the spectre of Tongaat ...
Edit

Tongaat Hulett and the governance gap between reporting and reality

Independent online (SA) 17 Feb 2026
How does an organisation with established reporting systems, external audits and formally constituted governance structures unravel to this extent? The provisional liquidation of Tongaat Hulett (Tongaat) provides a stark answer.
Edit

FEATURE | Tongaat Hulett liquidation threat shakes KwaZulu-Natal cane belt

Business Day 16 Feb 2026
Phase 2 of the sugar masterplan faces uncertainty with Tongaat possibly in liquidation .
Edit

Tongaat Hulett faces liquidation after Vision and and BRPs clashed over business rescue plan

Independent online (SA) 16 Feb 2026
"Tongaat has no access to urgent required funding, nor does it appear it will be provided with the much, needed interim further funding to sustain its operations and meet its payment obligations from the end of March 2024.
Edit

Tongaat’s liquidation, a Swiss bank opens in SA, and the February tax deadline

Moneyweb 16 Feb 2026
This evening we dive into the latest market movements with Rand Swiss, we speak to ...
Edit

Tongaat Hulett Liquidation Shock: Sugar Industry Warns of Job Losses and Rural Collapse as Growers ...

Independent online (SA) 15 Feb 2026
Industry leaders and a sugar farmer say that the provisional liquidation of Tongaat Hulett is a major blow to the industry and have called for Tongaat to be saved ... Tongaat Hulett supplies about 27 percent of the local market so it will be a disaster.

Article Search

tools
×
×
×
×