Tongaat weans off Zimbabwe unit

SOUTH Africa’s Tongaat Hulett (Tongaat) says it is now in a position to wean off its Zimbabwean operations, which are now self-sustaining. Tongaat has over the years injected millions of dollars into its Zimbabwean operations, which comprise the wholly owned Triangle Sugar operation and its 50,3 percent holding in Hippo Valley Estates. “The operations earn…

Subscribe to read full article. Subscribe today

Related posts

Liquidity problems rattle local stocks

First Capital assets double on forex holdings

OK Zimbabwe wants ‘fully’ liberalised exchange rate

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More