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Hippo contributes $53m profit to Tongaat

HARARE – Sugar producer Tongaat Hulett (Tongaat) says its Zimbabwean operation Hippo Valley (Hippo) recorded a $53 million operating profit in the half year to September 30, 2012 compared to $52 million same period prior year. The Johannesburg Stock Exchange-listed group — whose main business is sugar production and milling, but also with interests in…

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