VISION Group is focusing on stabilising Tongaat Hulett (Tongaat)’s regional businesses after last week’s provisional liquidation application by business rescue practitioners in South Africa. This follows the collapse of the business rescue deal due to delayed funding discussions between Vision and the Industrial Development Corporation of South Africa. Tongaat, a South African agribusiness, operates in…
Vision prioritises Tongaat’s regional units
Tongaat Hulett is an agri-processing business, which includes integrated components of land management, property development and agriculture.