Tongaat Hulett - The Southern Eye

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NEWS & CURRENT AFFAIRS

Topic : Tongaat Hulett

No plans to exit ZSE: Vision Group

Vision Group director and shareholder Rute Moyo said in an interview the consortium had no intention of delisting from the local bourse.

By Melody Chikono Jun. 20, 2025

Zim’s sugar giant gets rescue deal

Tongaat Hulett Zimbabwe operates Triangle and Hippo Valley sugar mills with a combined processing capacity of 3,5 million tonnes of sugarcane annually.

By Staff Reporter Jun. 20, 2025

Tongaat debt-to-asset deal with Vision on course

Tongaat entered into voluntary corporate rescue on October 27, 2022, after its total claims and debt reached ZAR13 billion.

By Tatira Zwinoira Mar. 10, 2025

Tongaat debt-to-asset deal with Vision on course

Tongaat to offload Zim operations to Vision owners

Locally, Tongaat operates through its wholly owned Triangle Sugar operation and a 50,3% shareholding in the agriculture and agro-processing firm, Hippo Valley Estates Limited.

By Tatira Zwinoira Dec. 27, 2024

Tongaat to offload Zim operations to Vision owners

Tongaat Hulett proceeds with debt-to-asset swap

The stakeholders include the lender group, the Industrial Development Corporation of South Africa Ltd and shareholder bodies.

By Tatira Zwinoira Dec. 11, 2024

Tongaat Hulett proceeds with debt-to-asset swap

Zim, Moza approvals delay Tongaat deal

Vision, a South African investment consortium, is in the process of purchasing Tongaat’s assets through a debt-to-asset swap worth ZAR5,9 billion (US$330,05 million).

By Tatira Zwinoira Nov. 5, 2024

Tongaat Huletts pledges to continue supporting sports development

The company is actively involved in the development of sports including soccer, hockey and golf.

By Sukuoluhle Ndlovu Jun. 30, 2024

Tongaat Huletts pledges to continue supporting sports development

Tongaat Hulett targets to increase sugar output

He said some of the challenges included bad weather, currency volatility, inflation and a lack of critical spares for mills, resulting in unscheduled stoppages.

By Obert Siamilandu Jun. 25, 2024

Tongaat Hulett targets to increase sugar output

Protect sugar industry, says MP

Recently-appointed Tongaat Hulett chief executive Tendai Masawi said he was aiming at revamping the sector so that it regained lost glory in terms of production.

By Nhau Mangirazi Jun. 24, 2024