Tongaat Hulett signs 99-year lease for 2 000 ha Shongweni land parcel

A 99-year lease in Shongweni, KwaZulu-Natal, has been announced between local development company Fundamentum Property Group and sugar producer Tongaat Hulett.  The transaction, which has been called the Shongweni urban core transaction, will see a multi-phased development of Shongweni’s urban core – the new city of Westown – which has received strong support from the eThekwini municipality.