Thursday, 25 July 2024
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Tags TONGAAT Hulett

Tag: TONGAAT Hulett

Creating opportunities in milling areas

A SCHEME aimed at empowering community members by linking them to the local economy has been launched by iThuba Africa, a non-profit company, with...

Sugar giant’s issues move toward resolution

THE Competition Commission has recommended the approval of Vision Consortium’s acquisition of Tongaat Hulett Limited, with conditions, it said in a statement on 20...

Judge rules Sugar Industry Agreement is statutory – THL obliged to pay

SA Canegrowers welcomed the Durban high court judgment on 6 May which confirmed outstanding levies are due to be paid by Tongaat Hulett to...

Canegrowners ‘cautiously hopeful’ after creditors green light Tongaat’s rescue plan

WHEN Tongaat Hulett's creditors voted overwhelmingly in favour of the Vision Group’s business rescue plan on January 11, there was no alternative plan on...

Another twist in sugar giant’s tale as results falter

CLAIMS that Terris Consortium has pulled off a stealthy manoeuvre, buying out 12 banks with a combined claim of R8 billion against Tongaat Hulett,...

Agri-business supports food security on the North Coast

AS part of its commitment to food security, agri-business giant Tongaat Hulett is supporting a vegetable garden by a women’s cooperative on the KwaZulu-Natal...

Appointed strategic equity partner plans to modernise and expand sugar plants

THE business rescue practitioners announced on July 21 that the preferred strategic equity partner for Tongaat Hulett Limited had been selected. The proposed transaction...

Amended Tongaat rescue plan to be put to vote before October

VOTING on the business rescue plans of Tongaat Hulett Limited (THL) and its subsidiaries, Voermol Feeds (Voermol) and Tongaat Hulett Sugar SA (THSSA), was...

Delay in Tongaat group’s rescue plan and CEO departs

TONGAAT Hulett has asked for a month’s extension to the January 31 deadline to publish the group’s business rescue plan. Tongaat Hulett Limited (THL),...

Business rescue is ‘not the end’ for 130-year-old company’s operations

TONGAAT Hulett has advised shareholders that the Board has commenced voluntary business rescue proceedings for two operations in South Africa, Tongaat Hulett Limited and...

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KZN titanium manufacturer turns to wheeled power

GLOBAL manufacturer of titanium dioxide pigment, Tronox, with operations in northern KZN and the Western Cape, is increasingly powering its South African plants with...

Systems solutions provider opens a new KZN branch

RITTAL South Africa, a leading provider of solutions for industrial enclosures, power distribution, climate control and IT infrastructure, as well as software and services,...

Weather conditions reduce season’s orange exports

A FURTHER downward adjustment was made to the latest projected export figures for Navels, while the category for Valencia oranges received its biggest projection...

Major gas Capex forecast in Africa

OVER half of future oil and gas capital expenditure in Africa will be directed toward fast-tracking the development of undeveloped gas resources in the...