Hippo Valley Estates Limited

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Company profile

Hippo Valley Estates Limited is a Zimbabwe based company focused on cane growing, sugar milling and refining among other farming operations.

The company commands approximately half of the sugar production in Zimbabwe with industry production estimated at approximately 480 000 tons sugar per season.

Hippo Valley also works with private farmers who deliver cane to its mills.

The company’s products are targeted for both the local and export market. The bulk of the exports are sold to the European Union market

The Company has a 50% interest in Mkwasine Estate, which is engaged in the growing of sugarcane and other agricultural operations, and Zimbabwe Sugar Sales (Private) Limited, which acts as a broker to the sugar millers. It has a 32.56% interest in the Tokwane Consortium. The Company also has a 33.3% interest in Sugar Industries (Proprietary) Limited, which is a packer and distributor of refined sugar in Botswana, and a 49% interest in NCP Distillers (Zimbabwe) (Private) Limited, which is engaged in the conversion of molasses into alcohol.

The company’s major shareholder is Tongaat Hulett which owns a 50.3% stake. Hippo is based in the low veld area where there is excellent topography, climate and established water storage and conveyance infrastructures for irrigation.

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