A consortium of a Zimbabwean businessman, a South African billionaire and a Pakistani sugar producer is now in charge of Zimbabwe’s largest sugar producer. Tongaat Hulett, which runs the Hippo Valley and Triangle estates in the Lowveld, went into business rescue in October 2022 to prevent bankruptcy. This was after a fraud by its executives
A consortium of a Zimbabwean businessman, a South African billionaire and a Pakistani sugar producer is now in charge of Zimbabwe’s largest sugar producer. Tongaat Hulett, which runs the Hippo Valley and Triangle estates in the Lowveld, went into business rescue in October 2022 to prevent bankruptcy. This was after a fraud by its executives…