Stay of execution for Tongaat Hulett as IDC buys group more time to stay afloat
TimesLive | 16.04.2026 23:12
The Industrial Development Corporation (IDC) has bought embattled sugar producer Tongaat Hulett an extra two months before it could be wound down, giving more than 15,000 small-scale farmers who heavily rely on it for income and the 2,500 workers who work for it breathing room.
