The ramifications of Tongaat Hulett’s balance sheet fraud, allegedly carried out by former chief executive Peter Straude and other managers, have been on full display this year. While the issue has be

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Harare - Hippo Valley Estates Limited, a sugarcane grower and sugar producer, recently unveiled its trading update for the first fiscal quarter ended June 30, 2023. The company's financials reveal

Total sugar produced during the 5 months to August 2023 dropped by 9% to 66,319 tons Local sales have experienced a decline of 12% Upcoming months will be crucial for Hippo Valley as rainfall patterns

According to Statista, India leads global sugar consumption, followed closely by the European Union and China. By 2024/2025, global sugar consumption is projected to reach 182 million metric tons. Bra

Zimbabwe’s sugar giant, Hippo Valley Estates has  recorded a dramatic 364% increase in export volumes to 15,711 tons in the first quarter of 2025, compared to just 3,385 tons in the same period last y

Hippo Valley Estates Limited, Zimbabwe's dominant sugar producer commanding a 50.2% local market share and 49.8% of exports, finds its expansion ambitions severely hampered by the chronic inefficienci

Zimbabwe’s largest sugar producer, Hippo Valley Estates Limited, has moved quickly to reassure stakeholders that the provisional liquidation of its South African parent, Tongaat Hulett Limited (THL),

Hippo Valley Estates, Zimbabwe's dominant sugar refiner, has dispatched 36,000 tonnes of refined sugar to the European Union in a post-period transaction, availing itself of duty-free, quota-free acce

Government has approved on the 23rd of June 2026 the Zimbabwe Sugarcane Industry Development Plan 2026 to 2035, presented by the Acting Chairperson of the Cabinet Committee on National Development Pla

Hippo Valley Estates Limited, Zimbabwe's largest ZSE listed sugar producer, has reported a revenue growth of $220.8 million, a 15% increase from $191.6 million according to the latest results for the

Zimbabwe's sugar industry produced 443,501 tonnes in the financial year ended 31 March 2026, a 1% increase from the prior year, while total sales reached 471,837 tonnes, a 24% increase from 380,531 to

Zimbabwe’s largest companies are increasingly navigating a difficult balance between government’s need to expand domestic revenue collection and the private sector’s demand for a predictable operating

Hippo Valley Estates is entering the final stretch of its 2026 season with a materially different sales structure, as Zimbabwe’s domestic market absorbs a growing share of industry sugar and export ex

Hippo Valley Estates is pressing Government to restore sugar to zero rated VAT status as the producer operates at about 75% capacity and looks for room to raise output, employment and productivity. C

Hippo Valley Estates expects profit to normalise by about 5% to 10% in FY2027 as the carryover stock that supported an exceptionally strong FY2026 earnings outturn unwinds, according to Finance Direct

Zimbabwe's beverage sugar tax is beginning to reshape demand across the country's sugar value chain, with Hippo Valley Estates acknowledging that manufacturers' growing use of artificial sweeteners is

South African sugar producer Tongaat Hulett is set to exit the Johannesburg Stock Exchange on 3 November 2026, leaving existing shareholders facing a complete loss of their investment as the company m

Zimbabwe's sugar industry is seeking a significant overhaul of its tax and investment framework, with Hippo Valley Estates Finance Director Tapera Masarakufa proposing recapitalisation incentives, rel

Zimbabwe has fixed the sugar cane purchase price at US$72.40 per tonne, increasing procurement costs for sugar millers whose existing pricing arrangements have already been challenged by Hippo Valley