HARARE – The anticipated liquidation of Tongaat Hulett in South Africa is not expected to disrupt sugar operations in Zimbabwe, according to Hippo Valley Estates, although the unfolding developments are drawing close scrutiny from investors and industry observers. Tongaat Hulett wholly owns Triangle Ltd and holds a controlling 50.3% stake in Hippo Valley Estates. Collectively, the two companies account for more than half of Zimbabwe’s sugar output, positioning Tongaat’s corporate restructuring as a matter of strategic importance for the sector. Tongaat Hulett entered business rescue in October 2022 following financial distress...