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March 31, 2008

Tycoon's BEE sugar mill deal turns sour

Soccer boss and business tycoon Patrick Sokhela's famed BEE sugar deal hangs in the balance.

The Times has learnt that Ushukela Milling, the only wholly black-owned sugar milling company in the country, of which Sokhela is the chief executive, is on the brink of bankruptcy.

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Posted by StaffWriter at March 31, 2008 8:03 AM