Why Vision’s debt-to-asset deal with Tongaat collapsed
It entered voluntary business rescue in October 2022 after total claims and debt ballooned to about R13 billion (US$721,6 million), a figure later confirmed at R10,4 billion (US$634,53 million).
By Tatira Zwinoira
5h ago
Hippo Valley Estates: Trading at a discount amid liquidation
The structure has deep historical roots. Hippo Valley was established in 1956 as a citrus estate before evolving into a large-scale irrigated sugar producer.
By Kudakwashe Taimo
5h ago
Hippo, Triangle say liquidation move confined to South Africa
On Thursday, Tongaat’s business rescue practitioners (BRPs) filed an application to liquidate the company at the High Court of South Africa.
By Tatira Zwinoira
Feb. 14, 2026
Bid to rescue Tongaat flops
Tongaat, a South African agriculture and agri-processing firm, operates in Zimbabwe through Triangle Limited and Hippo, with the latter listed on the Zimbabwe Stock Exchange.
By Tatira Zwinoira
Feb. 13, 2026
Hippo prioritises exports in H2 as PAT slips
Industry sugar sales were up 14% to 228 519 tonnes during the period under review, from a prior year comparative of 200 183 tonnes.
By Business Reporter
Dec. 31, 2025
Triangle warns of river contamination after 16-megalitre stillage spill
Triangle warns of river contamination after 16-megalitre stillage spill
By Admin
Dec. 9, 2025
No plans to exit ZSE: Vision Group
Vision Group director and shareholder Rute Moyo said in an interview the consortium had no intention of delisting from the local bourse.
By Melody Chikono
Jun. 20, 2025
Zim’s sugar giant gets rescue deal
Tongaat Hulett Zimbabwe operates Triangle and Hippo Valley sugar mills with a combined processing capacity of 3,5 million tonnes of sugarcane annually.
By Staff Reporter
Jun. 20, 2025
Tongaat debt-to-asset deal with Vision on course
Tongaat entered into voluntary corporate rescue on October 27, 2022, after its total claims and debt reached ZAR13 billion.
By Tatira Zwinoira
Mar. 10, 2025
