R500m headache for Tongaat buyer Vision
Levies pose further hurdle to takeover
14 January 2024 - 00:03
Following its successful acquisition of troubled sugar producer Tongaat Hulett after a lengthy and messy business rescue process, the Vision consortium — led by businessman Robert Gumede and Zimbabwean Rute Moyo — is set for another battle over outstanding sugar industry levies of more than R500m. ..
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