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Tau, Parliamentary committee welcome Tongaat agreement, liquidation withdrawal
Trade, Industry and Competition Minister Parks Tau has welcomed the withdrawal of the liquidation proceedings of sugar milling company Tongaat Hulett and praises stakeholders who worked to secure a viable path forward for one of South Africa's most important agro-industrial companies. Tongaat Hulett is a strategic asset within South Africa's agricultural and manufacturing sectors. Its operations support thousands of direct and indirect jobs and underpin the economic wellbeing of communities across KwaZulu-Natal and other parts of Southern Africa.
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iol.co.za
Concerns rise as KwaZulu-Natal High Court to hear Tongaat Hulett liquidation case
With the KwaZulu-Natal High Court set to hear arguments on the liquidation of Tongaat Hulett, industry leaders express deep concern over potential job losses and economic impact…
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businessday.co.za
Last-minute deal for Tongaat Hulett
Deal provides basis for preserving an estimated 250,000 jobs in industry value chain
