South African billionaire Robert Gumede’s takeover target Tongaat Hulett to quit the JSE

Billionaires Africa | 12.10.2026 17:06
Tongaat Hulett Ltd., the sugar producer that South African billionaire Robert Gumede is buying, will be removed from the Johannesburg Stock Exchange on Nov. 3, ending a listing that began in 1952 and leaving its shareholders with nothing.