Tongaat’s shares rally on sweet developments
Tongaat’s shares rally on sweet developments

Tongaat’s shares rally on sweet developments

Lungelo Mpangase

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Tongaat's shares have seen a recovery of late. The improvement comes after the embattled sugar producer's deal with Magister fell through, and follows its appointment of turnaround specialist Piers Marsden as its chief restructuring officer. Business Day TV spoke to Chris Logan, Founder of Opportune Investments for his analysis of the recent rally and whether it can be sustained.

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