Tongaat Hulett: Barloworld’s coronavirus dodge
Even if the current starch business deal is going nowhere, Africa’s biggest sugar business may yet get a better price for it
21 May 2020 - 05:00
"I’m old-school," says Tongaat Hulett CEO Gavin Hudson. "If you shake my hand, we’ve done a deal."
Hudson, who spent 26 years at SA Breweries, is most definitely old-school. So is Tongaat, one of Africa’s largest sugar business, which has found a recent profitable sideline in selling plantation land to property developers...
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