The entire sugar eco-system and stakeholders require certainty and a sustainable solution before the insolvency court sits to hear the BRP’s application for provisional liquidation of THL . (Delwyn Verasamy/M&G) Before the hearing of the provisional liquidation of Tongaat Hullet Limited (THL) starts in the Durban High Court, there are a few things that interested…
The government has stepped up efforts to prevent the provisional liquidation of Tongaat Hulett Limited (THL), warning that the collapse of the sugar producer would have devastating consequences for thousands of jobs and rural livelihoods, particularly in KwaZulu-Natal. Last month, Tongaat Hulett business rescue practitioners announced that they had filed an application to the High Court seeking…
More than 60 unsecured creditors unlikely to be repaid as propagation business liquidated The Press Read the original article here
A Ghanaian man battling gambling addiction says he has accumulated GHC 2.5 million in betting debts and is pleading for urgent help “before it’s too late.” His emotional appeal highlights the growing sports betting crisis and its mental health impact in Ghana. A Ghanaian betting addict (gender not specified), speaking anonymously, has reached out with…