Tongaat Hulett Sells its Tambankulu Sugarcane Estates to Pay Company Debt

Gavin Hudson, CEO of the agriculture and agri-processing business Tongaat Hulett, declared that the company would be selling its Tambankulu Sugarcane Estates located in the city of Eswatini to the country’s Public Service Pensions Fund (PSPF) for a price of R375-million. PSPF was considered to be a potentially major strategic shareholder in the business. Hence, […]