
Zim Now News Update
June 19, 2025 at 04:36 PM
*Vision Group Secures Tongaat Zim in Landmark Sugar Industry Takeover*
Zimbabwe’s sugar industry has entered a new era following the takeover of Tongaat Hulett Zimbabwe by Pan-African investor consortium Vision Group. The transaction, executed through a debt-to-asset swap, marks a significant turning point for the country’s largest sugar producer, which processes up to 3.5 million tonnes of cane annually.
*https://zimbabwenow.co.zw/articles/15242/vision-group-secures-tongaat-zim-in-landmark-sugar-industry-takeover#*