BizDay Zimbabwe
BizDay Zimbabwe

Zimbabwe's leading authority on business, finance and investment news.

avrt
BizDay Zimbabwe

Hippo

Hippo Valley Estates records decline

HIPPO Valley Estates, a unit of South Africa-based Tongaat Hulett after tax profit declined 47,3% to $5,8 million for the half-year ended September 30, 2013 due to pressure from low international sugar prices and a surge in sugar imports on the domestic market. Revenue was 42,7% to $52 million for the half-year ended September 30, 2013 co…

BizDay

Hippo, Delta drive ZSE recovery

MEMORY MATARANYIKA Harare – The industrial index on the Zimbabwe Stock Exchange yesterday continued with its marginal recovery after inching up 0.18%, with Hippo Valley and Delta Corporation driving recovery by the industrials. A solid production base has buoyed sentiment in Hippo Valley, a unit of South African agro processing group, Ton…

BizDay