Indebted South African sugar producer Tongaat Hulett said on Wednesday it would sell a sugarcane farm in eSwatini to the country's public pension fund for 375 million rand ($21.83 million).

The move is part of an effort by Tongaat to cut its debt by 8.1 billion rand by selling assets, cutting costs and potentially even raising capital.

($1 = 17.1760 rand)

(Reporting by Emma Rumney; editing by Olivia Kumwenda-Mtambo)