El Niño weighs on Hippo Valley’s yields

Staff Writer Hippo Valley Estates (Hippo Valley), a major Zimbabwean sugar producer, reported a drop in sugarcane yields for the year ended March 31, 2024, citing adverse weather conditions linked to the El Niño phenomenon and a reduced harvest of higher-yielding cane. The Zimbabwe Stock Exchange-listed firm’s cane yields declined to 89.20 tonnes per hectare,…

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