Durban High Court postpones Tongaat Hulett liquidation case amid new funding agreement
The Durban High Court has postponed the liquidation case against Tongaat Hulett after a last-minute funding agreement was reached, providing the company with a temporary lifeline until June. This decision follows a last-minute agreement between the company’s Business Rescue Practitioners (BRPs) and the Industrial Development Corporation (IDC) for R200 million in funding. The supplementary affidavits…

