South African billionaire Robert Gumede plans to turn Tongaat sugar into power and fuel
Billionaires Africa | 04.07.2026 22:59
South African billionaire Robert Gumede plans to turn Tongaat Hulett, the 134-year-old sugar producer his consortium rescued from liquidation this year, into an energy business that squeezes electricity, fuel and industrial gases out of a single sugarcane crop.
