Tongaat Hulett faces liquidation after Vision and and BRPs clashed over business rescue plan

[IOL - South Africa] - 16/02/2026

Business rescue practitioners have filed for the provisional liquidation of Tongaat Hulett, citing Vision Group's 'inability or unwillingness' to secure funding arrangements. With 250,000 jobs at stake, the battle between billionaire Robert Gumede's Vision Group and the BRPs reveals contrasting (…)

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