Sugar tax sours Hippo Valley’s profit margins
HIPPO Valley Estates Limited, one of Zimbabwe’s largest sugar producers, is reeling from a steep decline in demand from beverage manufacturers,
By Tatira Zwinoira
Oct. 10, 2025
Hippo sets aside US$11m as capex for FY26
Consequently, sugar production rose 13% to 219 112 tonnes during the period from the prior year.
By Tatira Zwinoira
Oct. 9, 2025
Starafrica bemoans sugar tax despite higher revenues
Starafrica properties business also contributed positively to its year profit with rental income increasing to ZiG9,5 million, recording a ZiG1,9 million rise from the previous year.
By Concilia Mupezeni
Jul. 4, 2025
Hippo takes 45% knock to profit after tax in FY25
During the period under review, Hippo recorded no net monetary gain compared to a net monetary gain of US$120,02 million in the prior year.
By Melody Chikono
Jul. 2, 2025
Sugar tax: Govt cornered over cancer fund
Maunganidze’s letter, dated June 19, 2025, was also copied to the Zimbabwe Media Commission’s acting secretary Brian Mangoro.
By Garikai Tunhira
Jun. 22, 2025
State gem miner ignores safety warnings... pushes ahead with hazardous mining facility
Despite these risks, insiders this week alleged that ZCDC pushed ahead with operations without implementing the recommended safety protocols.
By Freeman Makopa
Jun. 13, 2025
Premium
State diamond miner mulls retrenchments
Impeccable sources with knowledge of the plan said ZCDC's state of finances had resulted in delayed salaries.
By Tinashe Kairiza
Apr. 4, 2025
Doctors turn screws on govt
The doctors are demanding that government should supply them with information on what it used the revenue from the sugar tax for.
By Garikai Tunhira
Jan. 16, 2025
US$30,8m collected from sugar tax: Govt
The doctors said they were requesting the information in terms of section 7 of the Freedom of Information Act [Chapter 10:33].
By Garikai Tunhira
Dec. 14, 2024
