Once on the brink of collapse, Tongaat Hulett — one of South Africa’s most crucial sugar producers — is now firmly on the road to recovery thanks to a comprehensive business rescue plan backed by stakeholders, creditors, and the Industrial Development Corporation (IDC). The sugar giant entered business rescue in October 2022 following a catastrophic … Continue reading Tongaat Hulett’s Sweet Comeback: Business Rescue Spurs Hope for Sugar Giant’s Future