Tongaat sees stability in Zimbabwe

TONGAAT Hulett (THL) says its Zimbabwean op­erations have achieved “greater stability,” while floods in Mozambique and import pressure in South Africa continue to weigh on the group’s regional recovery. THL group finance director Robert Aitken said the progress in Zimbabwe, where Tongaat operates through sugar producer Hippo Valley Estates and Trian­gle, was in line with…