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Tongaat Hulett Zimbabwe: Restructuring Amid Economic Turmoil

Summary by Devdiscourse
Tongaat Hulett Zimbabwe: Restructuring Amid Economic Turmoil Tongaat Hulett Zimbabwe is set to lay off 1,000 employees by August, aiming to manage costs in the wake of Zimbabwe's severe economic challenges, a company official revealed.Ranked among Zimbabwe's largest employers with 16,000 workers, the sugar producer has been hard-hit by escalating labor and fertilizer costs, amidst currency losses driven by the country's unstable fiscal environme…
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Economy

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