
Tongaat Hulett collapse looms
Vision, the lead secured lender to the troubled sugar giant, said it was committed to saving the company and jobs despite the business rescue process failing
FRIDAY, 20 FEBRUARY 2026, 06:12

Vision, the lead secured lender to the troubled sugar giant, said it was committed to saving the company and jobs despite the business rescue process failing

At a time when rampant unemployment — one of the country’s biggest crises and a national emergency — takes root, the looming jobs bloodbath will decimate not only the sugar industry but also blight efforts to reduce jobless numbers and wreak havoc on the region’s food security

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