Hippo Valley Estates says stronger local demand is offsetting export challenges, while lower sugar production and counterfeit imports continue to weigh on first-quarter operations.
Hippo Valley Estates reported robust financial growth as Zimbabwe’s sugar industry benefited from higher domestic demand, surging exports, improved consumer spending and favourable agricultural conditions.
Hippo Valley reassures stakeholders as exports rise and production efficiency improves despite Tongaat Hulett’s liquidation plans.