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SUGAR CRASH: Bittersweet end for Tongaat Hulett as rescuers throw in the towel
dailymaverick.co.za
Thursday, February 12, 2026
The sugar giant’s business rescue practitioners have filed for provisional liquidation after a R12-billion collapse, citing a breakdown in funding talks and new demands from the Vision consortium.
The sugar giant’s business rescue practitioners have filed for provisional liquidation after a R12-billion collapse, citing a breakdown in funding talks and new demands from the Vision consortium.
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