South Africa: Tongaat Hulett liquidation paused as rescue efforts continue
Representational image Efforts to save struggling sugar producer Tongaat Hulett are still underway, even as its possible liquidation has been temporarily put on hold. The pause follows a government-backed funding agreement that will help the company continue operations until mid-year. The KwaZulu-Natal High Court has adjourned the provisional liquidation case to June 17 and 18,…

