Tongaat Hulett proceeds with debt-to-asset swap
The stakeholders include the lender group, the Industrial Development Corporation of South Africa Ltd and shareholder bodies.
By Tatira Zwinoira
Dec. 11, 2024
Duty on non-fortified imported sugar brands sweet deal for Hippo Valley
Prior to this, the sugar sector was eroded by 25% from imported sugar products.
By Tafadzwa Mhlanga
Dec. 6, 2024
Economic hurdles weigh on Hippo Valley
The company posted an operating loss of ZWL1,2 trillion driven primarily by a decline in revenue from the local market.
By Lee Musaidzi
Sep. 19, 2024
Hippo Q1 haunted by currency exchange rate volatility
Officially, the exchange rate was reported at US$1:ZiG13,70 as of June 30.
By Tafadzwa Mhlanga
Aug. 20, 2024
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
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
