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flag Tongaat Hulett, a South African sugar giant, struggles with billions in debt as new owner Vision Sugar tries to stabilize it.

flag Tongaat Hulett, a major South African sugar producer, is in a financial crisis with R10 billion in debt and R500 million in unpaid sugar levies. flag Vision Sugar, the new owner, is working to stabilize the company, rebuild efficiency, and re-engage stakeholders. flag The company faces legal challenges and seeks to modernize and expand its product lines. flag The CEO has also urged authorities to address sugar import duties to avoid financial exploitation.

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