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Podcast: First Take SA
Episode: COSATU in KZN condemns collapse of business rescue process at Tongaat Hulett
Description: Trade union federation COSATU in KwaZulu-Natal has strongly condemned the collapse of the business rescue process at sugar producer Tongaat Hulett. The company's administrators last week applied to the High Court to end rescue proceedings and move to provisional liquidation, after key sale agreements lapsed earlier this month and no viable rescue remained possible. COSATU KZN says the failure threatens thousands of jobs in the province. Elvis Presslin spoke to Edwin Mkhize, COSATU KZN Provincial Secretary