MOZAMBIQUE – Tongaat Hulett, a JSE-listed sugar processing company headquartered in South Africa is assessing the impact of the recent…
Read MoreTag: Tongaat Hulett
Tongaat Hullet appoints Dan Marokane to succeed Gavin Hudson as acting CEO
SOUTH AFRICA – Tongaat Hulett, South Africa’s biggest sugar group, has appointed Dan Marakone, as acting CEO, following the recent…
Read MoreGavin Hudson resigns as Tongaat Hulett CEO amid delayed business rescue plan
SOUTH AFRICA-Gavin Hudson has resigned as CEO of Southern Africa’s biggest sugar group Tongaat Hulett effective February 28 adding another…
Read MoreSouth African sugar growers-led consortium seeks to buy Tongaat Hulett’s assets
SOUTH AFRICA – Struggling sugar processor Tongaat Hulett, has gotten a suitor willing to rescue the company from its piling…
Read MoreSugar processor Tongaat Hulett gets go-ahead from board for capital restructuring plan
SOUTH AFRICA – Debt ridden Tongaat Hulett, has received approval from its board for the proposed restructuring plan created by…
Read MoreTongaat Hulett requests temporary suspension on JSE due to delayed financial results, restructuring plan
SOUTH AFRICA – Debt ridden Tongaat Hulett has approached the Johannesburg Stock Exchange (JSE) for a temporary suspension of its…
Read MoreTongaat yet to fill debt hole as it cancels deal with Magister, rejects offer for Mozambican assets
SOUTH AFRICA – Embattled sugar producer Tongaat Hulett has called off its recapitalization deal with Mauritius-based Magister Investments. In 2021,…
Read MoreUSA based Lusitania Investment Capital eyes Tongaat Hulett’s operations in Mozambique
MOZAMBIQUE – The American company, Lusitania Investment capital LLC, has showcased interest of acquiring assets of Indebted sugar producer Tongaat…
Read MoreTongaat Hulett’s chairperson steps down as its rights issue plan takes nose dive
SOUTH AFRICA – The Chaiperson and Non-Executive Director of the Tongaat Hulett board, Mr Louis von Zeuner, has regrettably informed…
Read MoreTongaat Hulett in search of new group chair after Louis von Zeuner’s resignation
SOUTH AFRICA – Embattled sugar producer Tongaat Hulett has announced the resignation of its chair Louis von Zeuner. The group…
Read More