The Durban High Court has numerous complex documents to work through before it sits on 16 and 17 April to hear whether the sugar milling giant Tongaat Hulett should be placed in provisional liquidation. From the Minister of Trade, Industry and Competition to a grassroots sugarcane grower recently lodged their written opposition to the liquidation with the court.
By Lloyd Phillips, senior journalist at African Farming and Landbouweekblad
The liquidation of Tongaat Hulett would have crushing socio-economic consequences, including a “jobs bloodbath” across a massive swathe of South Africa, according to Parks Tau, Minister of Trade, Industry and Competition.
Yet, this 134-year-old sugarcane growing and sugar…