Tongaat’s incoming majority shareholder appoints new CEO
Locally, Tongaat operates through its wholly owned Triangle Sugar operation and a 50,3% shareholding in the agriculture and agro-processing firm, HVEL.
By Business Reporter
Feb. 7, 2025
Tongaat consortium mulls massive power project
The announcement comes following the recent approval of the firm’s business rescuer plan (BRP) by creditors, marking a crucial step in Tongaat Hulett’s journey to stability.
By Tafadzwa Mhlanga
Feb. 9, 2024

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US$200 million wiped off Zim mining industry... power cuts, slumping prices ravage first quarter
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‘Super-rich’ coalition fights Mnangagwa road dualisation... US$11m project threatens Highlands’ iconic Musasa trees, climate
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Political gamble attracts mixed feelings... NTA proposal rebuked, embraced
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