‘El Niño could lift Zimbabwe sugar export earnings’

Hippo Valley Sugar Estates

ZIMBABWE’S sugar export­ers could benefit from an El Niño-induced squeeze on global supplies, which could push international prices higher despite indirect risks to lo­cal cane production. The country’s two major sugar producers, Hippo Valley Estates and Triangle Limited, operate large-scale estates and milling facilities in the Lowveld region of Chiredzi. According to investment ana­lysts Inter…

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