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Tongaat Hulett’s business rescue reaches critical milestone with payment approval [SOUND]

# Tongaat Hulett’s business rescue has reached a key milestone after the Vision Parties secured credit approval to meet outstanding payment obligations. This allows them to finalise their acquisition of lender claims, with the deadline for payment extended to the end of this month. Tongaat’s managing director Dave Howells says the rescue process aims to secure jobs and sustain the sugar industry across KwaZulu-Natal, Zimbabwe, Mozambique, and Botswana:

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