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

Sugar producer, Hippo Valley Estates witnessed a 10.6% decrease in production to 57,427 during the first quarter ended 30 June 2023. This decline was attributed to delayed deliveries by farmers due to

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

The global sugar industry is currently grappling with adverse El Nino weather conditions, leading to a substantial projected deficit in major producing countries such as Europe, China, India, Thailand

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

Hippo Valley, Zimbabwe's largest sugar heavyweight , has reported a satisfactory first quarter ended 30 June 2024, despite facing a perfect storm of challenges. While the company saw a 6% increase in

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 industrial sugar sales have experienced a substantial growth trajectory, increasing by 21% to 183,729 tonnes for the half-year period ended 30 September 2024, as reported by Hippo Valley, t

Hippo Valley, Zimbabwe's largest sugar heavyweight, has reported a 19% increase in sugar production for the third quarter (Q3) ended 31 December, reaching 439 542 tonnes. This growth was fueled by a

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

In a belated yet potentially pivotal move to stem the hemorrhage inflicted on Zimbabwe's economy by rampant smuggling, the Zimbabwe Revenue Authority (Zimra) has partnered with the buy-local advocacy

Government has agreed to extend Zimbabwe’s sugar tax to imported beverages, closing one of the most visible distortions in the domestic drinks market after local manufacturers spent months arguing th

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