Tongaat head office stripped of expensive paintings and antiques ahead of a possible visit by liquidators. Photo supplied
- Tongaat Hulett has two critical deadlines in April: The liquidation hearing and the opening of its mills for the harvest season.
- But the company’s bank accounts are frozen after its business rescue practitioners filed for liquidation.
- The livelihoods of 27,000 small-scale and 1,100 large-scale growers and their workers are at stake.
The clock is ticking for embattled sugar giant Tongaat Hulett and the hundreds of thousands of people who depend on it. The company has two critical deadlines looming in April: the opening of its mills, and a court case to determine whether the company is placed in…