Tongaat owes sugar association R517m in outstanding industry levies
And it is now due, following ConCourt’s dismissal of BRP’s appeal of SCA judgment.
Tongaat Hulett, a financially troubled sugar and property firm listed on the JSE, owes the Sugar Association of South Africa (Sasa) R517 million in outstanding statutory sugar industry levies. The Constitutional Court recently dismissed Tongaat's attempt to legally suspend these levy payments during its business rescue proceedings. Sasa, the association that represents sugar producers, is awaiting legal advice on when these overdue levies are due but believes they should align with Tongaat's approved business rescue plan.
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