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Hippo Valley Estates

Hippo Valley Production Plunges

Sugar cane production at Hippo Valley Estates Limited declined 12 percent during the first quarter ended June 30, 2020 resulting in an eight percent slump in sugar produced compared to same period last year. Earlier in the year, the company revealed that most of its sugar plantations were attacked by Yellow Sugarcane Aphid affecting output. […]

Hippo Valley Estates Weathers Tough Storm

Hippo Valley Estates managed to post a 33 percent increase in profits (inflation adjusted) to reach  ZWL$ 0.8 billion from ZWL$ 0.6 billion realized prior year for the year ending March 31, 2020 despite a tough year characterized by disruptions caused by the Cyclone Idai and a runaway exchange rate. The company suffered infrastructural damages […]

Mhere Appointed Substantial Hippo Valley CEO

Sugar producers, Hippo Valley Estates Limited has appointed Aiden Mhere as the company Chief Executive Officer on substantial basis, 263Chat Business has learnt. Mhere had been the acting CEO of the company since November 2018 after replacing Sydney Mtsambiwa who was elevated to interim chief executive officer of the Tongaat Hulett group. In its latest […]

Hippo Valley Banks On Mthuli Ncube’s TSP

Sugar producers, Hippo Valley Estates Limited is banking on the successful implementation of the government’s Transitional Stabilisation programme to turn around the fortunes of their business, currently struggling due to the prevailing economic situation in the country. According to the group Acting Chief Executive Officer Aidev Mhere, positive turn around will only be achieved after […]