SUGAR producer Hippo Valley Estates (Hippo Valley) is mobilising funds to complete expansion works on its 4 000 hectares cane development project.
The project, being pursued by the sugar producer, the government of Zimbabwe and local banks, is expected to expand sugar cane plantations in Triangle and Hippo Valley estates in Chiredzi.
In a statement accompanying the group’s financial results for the six months ended September 30 2021, the company said its Project Kilimanjaro has remained suspended due to delays in concluding funding arrangements with financial institutions.
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