Tongaat Hulett Limited - The Southern Eye

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NEWS & CURRENT AFFAIRS

Topic : Tongaat Hulett Limited

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

Interview: Bigger plans ahead for Tongaat

It has been a long journey for us. We have been looking at Tongaat since 2020. So it has been for years, and we have just come up with a business rescue plan.

By Tafadzwa Mhlanga Feb. 9, 2024

Interview: Bigger plans ahead for Tongaat

Tongaat consortium mulls massive power project

The announcement comes following the recent approval of the firm’s business rescuer plan (BRP) by creditors, marking a crucial step in Tongaat Hulett’s journey to stability.

By Tafadzwa Mhlanga Feb. 9, 2024

Tongaat consortium mulls massive power project

Tongaat Hulett in talks with 8 potential investors: Hippo Valley

He said THL’s holdings in Hippo Valley Estates Ltd and Triangle Ltd, were not under business rescue and, therefore, were not directly impacted by the BRP.

By Melody Chikono Jun. 22, 2023