LATEST NEWS FOR Tongaat Hulett Ltd.  

Tongaat Hulett is an agri-processing business that includes the integrated components of agriculture, land management and property development.... [more info]

R5.3bn starch unit sale will slash Tongaat’s debt by 40%

3 Mar 2020 /  Suren Naidoo   1
Planned disposal to Barloworld, sees Tongaat's share price recover more than 9% since the Friday announcement.

What should I consider before investing in shares?

5 Feb 2020 /  Thulisile Nkomo   6
The first step is to determine what your investment objective is.

Tongaat Hulett share price plunge ‘no surprise’

4 Feb 2020 /  Suren Naidoo   7
As market finally gets to react to the impact of the accounting scandal on the group’s financials.

Tongaat shares plummet as it resumes trade

3 Feb 2020 /  Moneyweb  
Jean Pierre Verster – CEO, Protea Capital Management

Tongaat plunges over 60%, after suspension lifted

3 Feb 2020 /  Suren Naidoo   13
Shares trade for the first time since June last year when the group was hit by an accounting scandal.

Strate innovates with E-voting portal to ease proxy voting

3 Feb 2020 /  Paul Ferreira  
Blockchain-based platform will allow asset owners to interface or load their votes in real time to the event or meeting.

Debt-laden Tongaat Hulett may sell its landmark HQ

UPDATE
3 Feb 2020 /  Suren Naidoo   7
Group’s debt now stands at almost R13bn. Watch Hudson discussing financial results and interventions.

Tongaat shares back to JSE trading on Monday

31 Jan 2020 /  Suren Naidoo   2
It suspended trading on June 10 after revelations of accounting irregularities that saw its share plummet some 75% last year.

Tongaat reduces losses, hopes JSE suspension’s soon lifted

30 Jan 2020 /  Suren Naidoo   3
Group set to release its half-year results on Friday.

Tongaat Hulett slashes chairman’s fees by more than half

29 Jan 2020 /  Suren Naidoo   9
As company grapples with financial restructuring.

Market wrap: Metair’s production update and the rand

11 Dec 2019 /  Moneyweb  
Wayne McCurrie – Senior portfolio manager, FNB Wealth and Investment

Tongaat Hulett is ‘still a going concern’, says CFO

11 Dec 2019 /  Suren Naidoo   4
Embattled group aims to reduce its debt by R8.1 billion by March 2021.

Market wrap: Tongaat Hulett results and manufacturing data

10 Dec 2019 /  Moneyweb  
Simon Brown – Founder, Just One Lap

R7bn Zimbabwe blow in Tongaat Hulett’s restated results

10 Dec 2019 /  Suren Naidoo   5
Scandal-hit group forced to write down its equity by almost R12bn; R4bn related to land expropriated up north.

Tongaat seeks new chapter with equity raise, debt restructure

UPDATE
10 Dec 2019 /  Nqobile Dludla, Reuters   2
Plans to lower debt by R8.1bn and cut 8 000 jobs.

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