Q&A: How consortium plans to convert Tongaat Hulett into Vision Sugar
Robert Gumede aims to stabilise company’s assets by providing strategic direction, resources and managerial support
10 January 2025 - 05:00
Despite an ongoing legal challenge, the sale of Tongaat Hulett’s assets and operations in Zimbabwe to Vision Sugar SA is nearing completion.
This forms part of a broader strategy by Robert Gumede’s Vision Investments Consortium, which is set to acquire all the assets of Tongaat, which collapsed after major fraud was discovered on its books...
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