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A service for global professionals · Wednesday, March 4, 2026 · 897,499,987 Articles · 3+ Million Readers
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Mozambique Creditors News Monitoring

  • Published on Feb 26, 2026

    Analysis : Mozambican group RGS ups the stakes in court battle to counter Tongaat Hulett liquidation and rival Vision ...

    The stakes are enormous: thousands of direct jobs; tens of thousands of rural livelihoods; north-ern KwaZulu-Natal’s agricultural core, indeed, potentially the very stability of the province. But both the Tongaat Hulett Limited (THL) liquidation …

    Source: amaBhungane - Neutral
  • Published on Feb 24, 2026

    Mozambique expects to get $10bn in World Bank support

    79 By Tavares Cebola, Bloomberg Mozambique expects to secure about $10 billion in financing from the World Bank Group in the coming years to support economic growth and job creation, the finance minister said. The state will receive $6 billion through 2031 …

    Source: Financial Gazette - Neutral
  • Published on Feb 23, 2026

    IMF sounds alarm on Mozambique debt distress, budget crisis

    8 Mozambique is navigating a fiscal crisis and has built up debt-servicing arrears with a raft of bilateral and multilateral lenders, the International Monetary Fund said, painting a bleak picture of the southeast African nation’s battered economy. …

    Source: Financial Gazette - Neutral
  • Published on Feb 11, 2026

    DA claims Ekurhuleni owes R13bn to creditors, city rejects allegation

    The DA in Ekurhuleni has raised concerns about the city’s financial health, alleging that the municipality has accumulated approximately R13b in unpaid trade creditors, in violation of the Municipal Finance Management Act (MFMA). According to the DA’s …

    Source: Germiston City News - Neutral
  • Published on Feb 26, 2026

    Letters | Tongaat Hulett

    The opinion piece, “Corporate hijacking — the violation of Tongaat Hulett during the business rescue process” (The Witness, February 24), which prominently features allegations by rival bidder RGS, omits critical context that readers deserve to know. In …

    Source: Witness - Center-left
  • Published on Feb 25, 2026

    Government Moves to Oppose Tongaat Hulett Liquidation

    Tongaat Hulett, the 134-year-old sugar industry giant capable of milling 2 million metric tons annually, is currently facing a critical liquidation hearing on Friday 27 February at the KwaZulu-Natal High Court. The hearing follows the collapse of a multi- …

    Source: Tabloid Newspapers - Pending
  • Published on Feb 22, 2026

    Analysis: The violation of Tongaat Hulett

    On Friday, 27 February, the Business Rescue Practitioners and their lawyers will approach the High Court in Durban to request the provisional liquidation of Tongaat Hulett Limited (THL), the company that is a crucial backbone of the rural economy in …

    Source: amaBhungane - Neutral
  • Published on Feb 17, 2026

    Vision Group pledges support for Tongaat’s regional operations after South Africa liquidation filing

    JOHANNESBURG – Vision Group has moved to reassure stakeholders in Zimbabwe, Mozambique and Botswana following the provisional liquidation filing of Tongaat Hulett Limited in South Africa. The filing comes after the collapse of Tongaat’s business rescue …

    Source: Nehanda Radio - Neutral
  • Published on Feb 24, 2026

    Govt pressed to explain Tongaat crisis as 20,000 Zimbabwe jobs hang in balance

    HARARE – The Zimbabwean government has been called upon to issue an urgent ministerial statement clarifying the implications of the financial crisis at South African sugar producer Tongaat Hulett Limited, amid growing concern over the potential impact on …

    Source: Nehanda Radio - Neutral
  • Published on Feb 23, 2026

    South Africa moves to oppose Tongaat Hulett liquidation  

    SOUTH AFRICA – Tongaat Hulett is facing possible liquidation as South Africa’s Department of Trade, Industry and Competition prepares to oppose the move, warning it could severely disrupt the country’s sugar industry and threaten thousands of jobs.  The …

    Source: Food Business Africa Magazine - Pending
  • Published on Feb 23, 2026

    South Africa's trade ministry to oppose liquidation of Tongaat Hulett

    JOHANNESBURG - South Africa's trade ministry said on Friday it would oppose the liquidation of sugar producer ​Tongaat Hulett, warning ⁠of severe consequences for jobs, farmers, and the country's sugar ‌industry. The 134-year-old Tongaat Hulett is …

    Source: Zawya - Indeterminate
  • Published on Feb 19, 2026

    Financial Safety Nets: Is Africa Building a Banking Crisis Firewall?

    In the aftermath of repeated global financial crises over the last two decades, financial safety nets have become an indispensable component of sovereign financial architecture. Major advanced economies such as the United States and European Union have …

    Source: African Leadership Magazine - Pending
  • Published on Feb 21, 2026

    Govt reiterates efforts to protect sugar sector amid pending Tongaat Hulett liquidation

    The Department of Trade and Industry has reiterated its commitment to efforts aimed at protecting the sugar sector and jobs amid the pending liquidation of sugar producer Tongaat Hulett. This follows concerns of the imminent collapse of the 134-year-old …

    Source: Eye Witness News - Neutral
  • Published on Feb 18, 2026

    Africa Intelligence Brief for Wednesday, February 18, 2026

    What matters today 1 Senegal secures funding for $485M March Eurobond repayment — Bloomberg reports Dakar raised sufficient capital via regional debt auctions; averts default on continent’s most closely watched sovereign obligation; debt at 132% of GDP; …

    Source: The Rio Times - Neutral
  • Published on Feb 20, 2026

    Why Vision’s debt-to-asset deal with Tongaat collapsed

    Tongaat Hulett Limited THE shock liquidation filing against South Africa’s Tongaat Hulett Limited (Tongaat) last week followed the collapse of its R5,9 billion (US$330,05 million) debt-to-asset sale to the Vision Group (Vision), which had included the …

    Source: Zimbabwe Independent - Indeterminate
  • Published on Feb 18, 2026

    Think tank predicts tough times ahead

    A woman sells her wares in Mbare. TINASHE KAIRIZA   THE Council on Foreign Relations (CFR) forecasts that Zimbabwe’s disputed polls staged last week derail the country’s efforts to extinguish its US$14 billion external debt and further stagnate Harare’s …

    Source: Zimbabwe Independent - Indeterminate
  • Published on Feb 19, 2026

    Tongaat Hulett collapse looms

    Bitter impact: Tongaat Hulett’s liquidation will have a devastating ripple effect throughout not just KwaZulu-Natal but the entire country too, filtering right down to the consumer. Photo: Delwyn Verasamy Labour federation Cosatu has joined the chorus of …

    Source: Mail & Guardian - Left-wing
  • Published on Feb 17, 2026

    Premier African Minerals plans $13.4 Million for Zulu Lithium Revamp

    Premier African Minerals Limited has set a $13.4 million interim budget for the six months to July 2026 to sustain critical operations at its Zulu lithium project near Bulawayo, as the company seeks to steady its finances after production setbacks and …

    Source: Mining Zimbabwe - Pending
  • Published on Feb 12, 2026

    Tongaat BRPs apply for provisional liquidation after collapse of Vision transaction

    The business rescue practitioners (BRPs) of sugar producer Tongaat Hulett have reported that, after exhausting all reasonable endeavours, they have applied to the High Court of South Africa KwaZulu-Natal division for an order discontinuing the company’s …

    Source: Engineering News - Neutral

05 days 04:32:00

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