Small-scale farmers set for boost with Tongaat acquisition
The endorsement of the deal comes with conditions to safeguard the interests of historically disadvantaged people
24 June 2024 - 05:00
The impending acquisition of Tongaat Hulett is set to boost local agriculture and small-scale farmers after the Vision Consortium secured conditional approval from the Competition Commission to buy the troubled SA sugar producer.
The commission’s endorsement of the acquisition by the consortium, led by Robert Gumede, comes with stringent conditions aimed at safeguarding the interests of local agriculture and historically disadvantaged people (HDPs)...
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