Hippo Valley to exhaust available borrowing facilities for capital

The firm added: “The company will also leverage on available borrowing facilities up to the end of the financial year to cushion its working capital in light of off-crop requirements.”
By Tafadzwa Mhlanga Feb. 19, 2024

Tongaat business rescue plan approval excites Hippo

She said the developments provided some certainty to stakeholders on the way forward.
By Blessed Ndlovu Jan. 16, 2024

Hippo donates Project Kilimanjaro land to govt

Hippo head of corporate industry affairs Dahlia Garwe told Standardbusiness that the project would sail smoothly as the land now belongs to the government.
By Belinda Chiroodza Oct. 22, 2023

IH Securities predicts 6% Hippo Valley revenue drop

The increase was on the back of price adjustments in response to increasing cost pressures, amplified by currency dynamics embedded in the consumer price index.
By Tatira Zwinoira Jul. 4, 2023

Tongaat Hulett in talks with 8 potential investors: Hippo Valley

He said THL’s holdings in Hippo Valley Estates Ltd and Triangle Ltd, were not under business rescue and, therefore, were not directly impacted by the BRP.
By Melody Chikono Jun. 22, 2023

Demystifying the Zim sugarcane myth

Sugar cane is easy to grow and manage
By Kudakwashe Gwabanayi Jun. 9, 2023

Goldstar Sugars returns to production

The company’s sugar production unit, Goldstar Sugars halted production at its Harare plant on February 13, before cautioning investors a few days later, citing rocketing raw material prices.
By Rugare Mubika Feb. 23, 2023

Rising costs suck sweetness out of sugar sector

Sugar output fell by 1% to 207 430 tonnes during the period, compared to 209 239 tonnes during the comparable period in 2021.
By Shame Makoshori Feb. 17, 2023

Excess rains hit Hippo Valley sugar production

“Rainfall hinders both the harvesting and hauling of burnt cane to the mills, resulting in the cane remaining in the fields for extended periods and leading to reduced sugar content.”
By Rugare Mubika Feb. 16, 2023