The African duo entrepreneurs who saved Tongaat Hulett
South African billionaire Robert Gumede and Zimbabwean deal-maker Rute Moyo have joined forces through their Vision Sugar Group to rescue the beleaguered sugar giant Tongaat Hulett Limited (THL). The withdrawal of a liquidation application signals a sweet victory for the entrepreneurs and the Industrial Development Corporation (IDC), securing thousands of jobs and a future for the 134-year-old company.
Black News 
South African billionaire Robert Gumede and Zimbabwean deal-maker Rute Moyo have joined forces through their Vision Sugar Group to rescue the beleaguered sugar giant Tongaat Hulett Limited (THL). The withdrawal of a liquidation application signals a sweet victory for the entrepreneurs and the Industrial Development Corporation (IDC), securing thousands of jobs and a future for the 134-year-old company.
