| Tongaat Hulett has hit a couple of big obstacles as it recovers from the mess it found itself in a couple of years ago when it was forced to restate its financial accounts due to massive irregularities in previous years. It is also trying to dig itself out of an unsustainable debt pile. The agri group's shares fell as much as 27% yesterday after it said it was negotiating a temporary adjustment to a debt agreement with its lenders. It also warned of a sugar production loss due to issues at its refinery. Meanwhile Sasol, another company battling to reduce debt, has reported an improved performance, helped by a recovery in demand for liquid fuels and gas as Covid-19 restrictions ease. More on those stories to follow in your final newsletter for the week, along with an update from commodities giant Glencore, property group Fairvest's plan to buy shares in Arrowhead, and Investec Property Fund's disposal of its Pan-European Light Industrial portfolio. It's Friday, so all the latest mergers and acquisitions news courtesy of our partners at DealMakers Have a good weekend. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics Sasol is a popular topic and in "Up but still down" Ingham Analytics give you their latest take on the energy company. Recent notes include"Shapely gold", "Wild ride","There's a coach comin''in, hear those wheel spin","NOPE, you can make money out of volatility", "Slap","Archegos goes down, banks blow themselves up"whilst The Ingham Analytics Weekly Letter on Sunday assessed Karooooo, football, Steinhoff, Wirecard, the City of London, trade, and the QS medical school rankings. Check out the website Premium Letter section too if you have missed out on previous letters. | 