Tongaat in trouble

SOUTH Africa’s Tongaat Hulett (Tongaat) is in a precarious position as it faces a negative cash flow in the current trading period due to its inability to recieve dividends from its Zimbabwean and Mozambique operations, an equity analyst has said. This comes as the company also faces various funding constraints due to various factors. The…

Subscribe to read full article. Subscribe today

Related posts

Delta quells share price concerns

Dairibord eyes capacity expansion

Housing product bolsters Fidelity income

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More