D-day for a critical 134-year-old South African company – Daily Investor
The KwaZulu-Natal High Court hearing regarding the potential liquidation of Tongaat Hulett starts today, 16 April, with three parties set to oppose the sugar giant’s liquidation. SA Canegrowers, one of the parties seeking to block the liquidation, described this hearing as a “watershed moment” for two-thirds of South Africa’s sugarcane growers. “More than 18,000 growers,…

