The business is based in the South Eastern Lowveld of Zimbabwe. Hippo Valley Estates Ltd is listed on the Zimbabwe Stock Exchange and is a subsidiary of Tongaat Hulett Ltd, which is listed on the JSE.
In partnering with key stakeholders, we’ve created mutually beneficial relationships for our shareholders, government, private farmers and their representative bodies, communities, employees, as well as the people impacted by our company’s operations.
Hippo Valley Estates was formed as a citrus estate way back in 1956. We’ve had a primary listing on the Zimbabwe Stock Exchange since 1964.
The company’s operations mainly comprises of:
The South Eastern Lowveld in Zimbabwe, with excellent topography, soils, climate and established water storage and conveyance infrastructure for irrigation, is recognised as a globally competitive producer of high quality sugar. The company farms some 12 000 hectares of sugarcane, with the sister company, Triangle Ltd, farming a further 14 986 hectares, whilst 1 100 private farmers operate 20 414 hectares supplying cane to the two mills at Hippo Valley and Triangle.
The Hippo and Triangle mills have a combined installed milling capacity to process about 5 million tons of cane per year, producing 600 000 tons of raw sugar.