The IDC is preparing to deepen its involvement in the rescue of Tongaat Hulett despite the sugar producer carrying liabilities of about R15 billion, arguing that the transaction offers the best opportunity to preserve value, protect thousands of jobs and
The IDC is preparing to deepen its involvement in the rescue of Tongaat Hulett despite the sugar producer carrying liabilities of about R15 billion, arguing that the transaction offers the best opportunity to preserve value, protect thousands of jobs and