Robert Gumede's Vision Group seals a deal with the IDC that saves Tongaat Hulett from liquidation
Billionaires Africa | 18.06.2026 00:06
Robert Gumede's Vision Group and South Africa's Industrial Development Corporation sealed a binding rescue agreement for Tongaat Hulett on Wednesday, averting the liquidation of the 134-year-old sugar producer on the same day a winding-up application was due to be heard in the Durban High Court.
