South African tycoon Robert Gumede wins reprieve for Tongaat Hulett as Durban court delays liquidation bid
Robert Gumede's Vision Sugar Group won court breathing room on April 17 to finalize a rescue plan for Tongaat Hulett, staving off liquidation.
Robert Gumede
South African tycoon Robert Gumede faces R390 Million Covid-19 PPE fraud claim amid Tongaat Hulett bid
South African billionaire Robert Gumede is pursuing a takeover of Tongaat Hulett through Vision Sugar while facing a R390 million Special Tribunal claim that he masterminded a Covid-19 PPE price-gouging scandal involving SAPS.
10 companies owned by South African multimillionaire Robert Gumede
Robert Gumede built one of Africa's biggest black-owned IT company from scratch. Here is every business the South African tycoon owns in 2026.
Tycoon Robert Gumede's Vision Group is at the center of a fight that could kill South Africa's biggest sugar company
Robert Gumede's Vision Group holds R11.7 billion of Tongaat Hulett's debt, and a Durban court must now decide if the 134-year-old sugar company lives or dies.