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
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