A last-minute Tongaat Hulett rescue with Robert Gumede's Vision Group and the state IDC has pulled the 134-year-old sugar company from liquidation.

Deal provides basis for preserving an estimated 250,000 jobs in industry value chain

Tongaat Hulett has secured a crucial agreement that will prevent liquidation and protect approximately 250,000 jobs in the sugar industry, ensuring the company's continued…

Durban High Court permits Tongaat Hulett's Business Rescue Practitioners to withdraw the liquidation application, marking a pivotal moment for the sugar industry and preserving…

IDC-Vision agreement preserves 250,000 jobs and supports future of more than 1-million livelihoods

Robert Gumede of Vision Group pledges to turn around Tongaat Hulett following the withdrawal of its liquidation application, ensuring job security and economic stability for South…

The Tongaat Hulett rescue highlights the importance of recognising enterprise value beyond financial statements. This article explores the broader economic implications of…

A last-minute Tongaat Hulett rescue with Robert Gumede's Vision Group and the state IDC has pulled the 134-year-old sugar company from liquidation.

Business tycoon Robert Gumede highlights the importance of withdrawing the Tongaat Hulett liquidation application to safeguard jobs and combat foreign sugar dumping in South…

Business Day TV spoke with Robert Gumede, chair of Vision Group

The remaining amount is to be paid to unsecured creditors by the end of the week