SA Canegrowers and the South African Farmers Development Association (SAFDA) have expressed growing concern ahead of the KwaZulu-Natal High Court hearing on Wednesday, where arguments will be presented in the liquidation application involving Tongaat Hulett (THL).
The sugar producer previously entered provisional liquidation in June.
According to SA Canegrowers, the prospect of an unfunded liquidation poses a significant threat to rural communities across KwaZulu-Natal.
The organisation noted that approximately 60% of South Africa’s sugarcane growers supply Tongaat Hulett’s mills, meaning the collapse of the company would have far-reaching consequences beyond its own operations.
Economic activity in large areas of KwaZulu-Natal that…