mg.co.za · 2026-03-02
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/ 2 March 2026
# Minister Tau’s intervention in Tongaat Hulett liquidation woes By Sizwe sama Yende Facebook X Email LinkedIn WhatsAppParks Tau 9866 Dv
Minister Parks Tau. (Delwyn Verasamy/M&G) As Minister of Trade, Industry and Competition, Parks Tau, announced during the Frank Dialogue on B-BBEE in South Africa in Durban on Saturday that he would step in to resolve the impasse in the business rescue process of Tongaat Hullets Limited (THL), he is indeed meeting stakeholders this morning. Tau’s timely intervention aims to save THL from liquidation and save many jobs and small sugarcane growers’ biggest market. Unfortunately, not many in the public and the sugar sector stakeholders understand that the mere entering of a notice to defend a liquidation application is meaningless unless you offer the immediate availability of working capital cash to cover at least six months of a company’s operations. ... There has been an avalanche of intervening parties including the IDC, Minister Tau, farmers etc with over 200 lawyers ... Vision Group’s R11.7 billion is secured by 100% shares of THL, assets (plants and equipment), debtors’ book, IP’s, ... It is clear that Vision are the only most secured creditor who stand to benefit and get all the remaining assets of THL ... The only viable and sustainable option is for Vision and the IDC to enter into an agreement on the affected South African business. The mistake everyone is making is undermining Vision’s strong position as the general secured lender. Vision Group was smart to acquire all the debt and claims from the 13 banks with a stated goal of the debt to own THL. As outlined by Vision, they have spent the last two years helping and preparing to take over the whole of THL and are not sellers of any of the THL assets. **Sizwe sama Yende is a veteran journalist and podcaster of The People’s Eye. He has extensively covered the Tongaat Hulett story.** Tags: Business
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[ ... Nieuws>Politiek Nieuws>Nieuwsbericht # Stand van zaken integratie Invest-NL en Invest International en nationale investeringsinstelling
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Bron:Kamerstukken Rijksoverheid Kamerstukken Rijksoverheid 11 december 2025, 17:59 ## In deze brief informeert het kabinet over de stand van zaken van de integratie van Invest-NL en Invest International. Daarnaast worden in de brief voorlopige inzichten gedeeld over een nationale investeringsinstelling.Stand van zaken integratie Invest-NL en Invest International en nationale investeringsinstelling... ... **◄** Aanbiedingsbrief antwoorden Kamervragen over G20-topVorige Volgende Toespraak minister Brekelmans op Lustrumdiner Korps Mariniers **►** ... 22-08Kamerstukken Rijksoverheid [Kamerbrief over uitkomsten onderzoek integratie Invest-NL en Invest ... 08-09Kamerstukken Rijksoverheid Uitkomsten onderzoek integratie Invest-NL en Invest International Politiek 13-01Kamerstukken Rijksoverheid [Stand van zaken besluitvorming nationale handelingskostenvergoeding ... Recent Politiek N nieuws uit andere media 13:29Kamerstukken Rijksoverheid [Uitstelbrief beantwoording Kamervragen inzake zwavelgehalte van op ... 10:47Kamerstukken Rijksoverheid [Appreciatie motie Bushoff en Van Oosterhout inzake ETS ... 09:11Socialisme.nu De logica achter vrouwenmoord
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# Security guards down tools over late salaries at Ekurhuleni municipality
## More than 70 guards employed by Motane Investment blocked entry to Duduza Customer Care Centre, saying their salaries are repeatedly paid late 27 February 2026
| By Kimberly Mutandiro
Brief
|
Gauteng Security guards from around Nigel protested outside the Duduza Customer Care Centre on Wednesday. Photo: Kimberly Mutandiro More than 70 security guards blocked entry to the Ekurhuleni municipality’s Duduza Customer Care Centre on Wednesday in protest over late payment of salaries. The guards, employed by Motane Investment, are stationed at various municipal sites around Nigel. The Private Sector Workers Trade Union (PSWTU), representing the workers since January, said bonuses have not been paid for two years and salaries are repeatedly paid late, sometimes by two weeks. The guards also downed tools in February after receiving a letter from management saying payment would again be ... Company manager William Gwimbini said the delays were caused by late payment to Motane Investment by the municipality. But PSWTU provincial coordinator Raymond Tshamano says the workers have heard the same excuse for years. “Our job is to push the municipality to make payments,” said Tshamano. He said even if an employer had not been paid by the municipality, it was still legally obliged to pay salaries. Ekurhuleni municipal spokesperson Zweli Dlamini said the City pays its contracted companies and does not interfere in ... Security guard Ayanda Maseko said she is struggling financially and has been unable to support her children at ... “The company is always telling us that the municipality does not pay on time, and when we go to the municipality, it ... Workers also alleged that deductions for UIF, health cover and provident fund contributions are not being paid over to ... “When we check on the provident fund system on WhatsApp, we can see that the company last contributed to the fund in 2024. But the company keeps deducting money from us,” said Siphiwe Msibi. Msibi and Maseko have now received their February salary but their bonuses are still outstanding. They were told this ... “The only problem is that we make all contributions after the 7th due to late payments [by the municipality], which is why some payments have been lapsing,” he said. ... Support independent journalism
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William Sadiki fought in World War II. But he couldn’t afford to go to last week’s R172-million military parade
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© 2026 GroundUp. This article is licensed under a [Creative Commons Attribution-NoDerivatives 4.0 International ... You may republish this article, so long as you credit the authors and GroundUp, and do not change the text. Please ... We put an invisible pixel in the article so that we can count traffic to republishers. All analytics tools are solely ... 3. PRASA whistleblowers make last bid to get their jobs back ... 1. Assassinated Abahlali leader praised for fighting land grab “mafia” 2. Gqeberha budget bungle sparks protest ... * I was born in South Africa to a foreign mother, who was undocumented. I need help getting my ID. ... * What can I do if I was medically boarded and am receiving 60% of my pensionable salary, but I believe I should be ... ### William Sadiki fought in World War II. But he couldn’t afford to go to last week’s R172-million military parade #### 2026-02-27
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### South Africa is getting a handle on debt
#### 2026-
gawugy.com – industry minimum wage to rise to $100,000 from January 2025 The Guyana Agricultural and General Workers Union (GAWU) is proud to announce that it has successfully concluded a robust three (3) year wage/salary agreement with the Guyana Sugar Corporation Inc (GuySuCo) today, December 11, 2024. This agreement guarantees significant wage/salary increases to our nation’s dedicated sugar workers, ensuring they receive the recognition and compensation they deserve. The terms of the agreement include: 1. Effective January 01, 2024, an across-the-board pay rise of ten (10) per cent 2. Effective January 01, 2025, an across-the-board pay rise of eight (8) per cent 3. Effective January 01, 2026, an across-the-board pay rise of nine (9) per cent This afternoon marked a significant milestone as representatives from GAWU and GuySuCo came together to sign three pivotal agreements for sugar workers within the Union’s bargaining units, encompassing field, factory, and factory-type workers; field foremen/forewomen, and field superintendents. Furthermore, with a shared vision for fairness, the parties have committed to achieving a minimum wage of $100,000 monthly in the sugar industry by January 01, 2025, ensuring that every worker below this threshold will receive additional increases. The Union and the Corporation have been engaged in crucial discussions for several weeks. These discussions originated from the GAWU’s proposals submitted earlier this year. The proposals demand higher pay rates and tackle essential ... for workers, among other benefits. Both parties are resolute in their commitment to swiftly conclude these discussions ... During a signing ceremony, GAWU’s President Seepaul Narine hailed the groundbreaking nature of the agreement, marking a historic milestone. This is the first time since GAWU became the bargaining agent for sugar workers in 1976 that a three-year agreement has been reached between the Union and the Corporation. Some five billion dollars ($5B) will reach the workers’ pockets through the agreement. Mr. Narine emphasised the dedication and maturity exhibited by both ... life. He expressed the Union’s appreciation for reaching this impressive bilateral agreement and celebrated the strong ... The Union’s President highlighted the industry’s challenges but emphasised its importance to countless individuals, ... personnel to elevate their efforts. His appreciation for the negotiators from both the Union and the Corporation underscored the spirit of collaboration essential for success. On behalf of the dedicated workers, the Union’s President seized the moment to convey heartfelt appreciation to the ... Government that paved the way for a significant agreement. The GAWU’s President emphasised that after the change in Government in August 2020, sugar workers, who had endured an unjust wage freeze under the Coalition Government, are now ... sugar industry. Mr. Narine underscored President Ali’s insightful statement that sugar must be viewed as more than just ... GuySuCo’s Chief Executive, Paul Cheong, confidently declared that this occasion marks a significant milestone. He ... solidifying the agreement. Mr. Cheong described the agreement as bold, providing vital assurance to the workers amid the challenges of recent years. With a forward-thinking mindset, he conveyed his excitement about the future. The GuySuCo CEO pointed out that the industry is actively implementing plans to enhance cane yields and advance factory ... supportive role of the Government and is optimistic that better days lie ahead. Mr Cheong highlighted the importance of ... Chief Labour Officer, Dhaneshwar Deonarine congratulated the parties on reaching the agreement. He noted that the Union and the Corporation shared a long-standing relationship and signalled the strength of the relations between the parties. He commended both the GAWU and the GuySuCo and expressed best wishes on