The cane farmers are particularly concerned about small-scale growers who supplied cane to three mills for Tongaat Hulett.Chairperson Andrew Russell says the payment was crucial considering the vulnerability of the small-scale farmers.He says they are now also concerned about 300 commercial growers fearing they will not be paid the R345 million owed to them at the end of this month.
"SA Canegrowers will continue in engaging with the business rescue practitioners, government and other stakeholders to ensure that this process continues to unfold in a way that protects all affected growers, workers and industry service providers."
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THE FINANCE GHOST: When the balance sheet breaksBy no means the only broken balance sheet on the JSE, Tongaat Hulett is just an example of how badly things can go, writes FinanceGhost. FinanceGhost EOH next …..
แหล่ง: FinancialMail - 🏆 20. / 63 อ่านเพิ่มเติม »
THE FINANCE GHOST: When the balance sheet breaksTongaat is another cautionary tale to investors in any overindebted company — and there are more than a few red flags to look out for, writes FinanceGhost.
แหล่ง: FinancialMail - 🏆 20. / 63 อ่านเพิ่มเติม »