Tongaat Hulett Limited and Tongaat Hulett Development Proprietary Limited entered voluntary business rescue on the 27th of October 2022.
Voermol Feeds PTY Limited commenced business rescues proceedings on 23 December 2022.
Tongaat Hulett’s Botswana, Mozambique and Zimbabwe sugar operations are not financially distressed and therefore will presently continue trading in the ordinary course.
These three businesses are funded independently from the Company and should be largely unaffected by the adverse circumstances affecting the Company.
To learn more, please follow this link to access the Business Rescue page.