Tongaat gets IDC lifeline, pauses liquidation
Tongaat Hulett Limited has secured a post-commencement funding lifeline from the Industrial Development Corporation (IDC)
By Tatira Zwinoira
Apr. 21, 2026
Tongaat seeks lifeline as liquidation battle heads to court
Tongaat Hulett Limited is seeking an extension of its critical post-commencement funding (PCF) facility from the Industrial Development Corporation (IDC)
By Tatira Zwinoira
Apr. 14, 2026
Why Vision’s debt-to-asset deal with Tongaat collapsed
It entered voluntary business rescue in October 2022 after total claims and debt ballooned to about R13 billion (US$721,6 million), a figure later confirmed at R10,4 billion (US$634,53 million).
By Tatira Zwinoira
Feb. 20, 2026
Hippo Valley Estates: Trading at a discount amid liquidation
The structure has deep historical roots. Hippo Valley was established in 1956 as a citrus estate before evolving into a large-scale irrigated sugar producer.
By Kudakwashe Taimo
Feb. 20, 2026
Hippo, Triangle say liquidation move confined to South Africa
On Thursday, Tongaat’s business rescue practitioners (BRPs) filed an application to liquidate the company at the High Court of South Africa.
By Tatira Zwinoira
Feb. 14, 2026
Bid to rescue Tongaat flops
Tongaat, a South African agriculture and agri-processing firm, operates in Zimbabwe through Triangle Limited and Hippo, with the latter listed on the Zimbabwe Stock Exchange.
By Tatira Zwinoira
Feb. 13, 2026
Hippo prioritises exports in H2 as PAT slips
Industry sugar sales were up 14% to 228 519 tonnes during the period under review, from a prior year comparative of 200 183 tonnes.
By Business Reporter
Dec. 31, 2025
Triangle warns of river contamination after 16-megalitre stillage spill
Triangle warns of river contamination after 16-megalitre stillage spill
By Admin
Dec. 9, 2025
No plans to exit ZSE: Vision Group
Vision Group director and shareholder Rute Moyo said in an interview the consortium had no intention of delisting from the local bourse.
By Melody Chikono
Jun. 20, 2025
