Tongaat Hulett liquidation avoided after government provides R200-million lifeline
Tongaat head office stripped of expensive paintings and antiques ahead of a possible visit by liquidators. Photo supplied. Tongaat Hulett escaped liquidation on Thursday after the Industrial Development Corporation (IDC) agreed to increase its funding to R2.5-billion, allowing mills to open and 3.8 million tons of cane to be processed. More than 18,000 growers –…

