After Tongaat, KZN sugar mill Gledhow seeks business rescue

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After Tongaat, KZN sugar mill Gledhow seeks business rescue
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Gledhow Sugar Mill has become the latest sugar mill to enter into voluntary business rescue, piling pressure on the industry after a similar move by Tongaat Hulett in October.

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CyrilRamaphosa South Africa is rapidly approaching the point-of-no-return, if it hasn't reached it already. I don't believe you will make it to the next election. I sent you the rescue plan in January and your team confirmed you received it. I urgently request a 6/4 meeting.

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KZN sugarcane farmers worry as another mill enters business rescueGledhow Mill seeks insolvency protection less than six months after Tongaat Hulett entered similar process Sugar tax... The Government just wanted another revenue stream for their lavish expenses. Consequences be damn'ed
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