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
23h ago
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
Triangle Limited and Hippo Valley Estates Limited, The Heart of the Lowveld
The social impact goes beyond just numbers but translates into tangible life changing everyday infrastructure.
By Newsday
Jun. 26, 2024
Tongaat Hulett targets to increase sugar output
He said some of the challenges included bad weather, currency volatility, inflation and a lack of critical spares for mills, resulting in unscheduled stoppages.
By Obert Siamilandu
Jun. 25, 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
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
