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No Cookies | Daily Telegraph

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Urgent plans unveiled by KwaZulu-Natal premier to rescue Tongaat Hulett Sugar from liquidation

KwaZulu-Natal Premier Thamsanqa Ntuli has announced plans to save the financially struggling  Tongaat Hulett Sugar from liquidation. Last week, the 134-year-old sugar giant announced that it had filed for liquidation after business rescue plans failed. Speaking to the media during the Cabinet Lekgotla in Durban on Thursday, Ntuli said the company’s matter was on the…