Sugar business not on the block as Tongaat Hulett flogs assets

15 December 2019 - 05:00 By TJ STRYDOM and NTANDO THUKWANA

Embattled Tongaat Hulett is flogging assets to make its mountain of debt more manageable, but the company is not about to pitch a For Sale sign at any of its sugar mills, says CEO Gavin Hudson.

Coffee-to-go drinkers will know Tongaat for its Hulett-branded sugar sachets, often sporting a pearl of wisdom by a famous author or a Chinese proverb...

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