Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4306

Deal #4306 Version #66853

Zimbabwe

Created at

2014-03-06

Last update

2016-08-15

Last full update

2024-04-17

Land area

Intended size

13 927 ha

Size under contract (leased or purchased area)

[2013, current] 13927.0 ha

Comment on land area

4000 ha have been taken away from the company between this case and #4309 (not clear what the land split is). The land was taken away by the Masvingo provincial leadership as part of the resettlement program. Letters were issued to 300 farmers to venture into commercial sugar production at Hippo Valley and Triangle Estates. The sugar workers union and government are opposing this move.

Intention of investment

[current] Biomass for biofuels, Food crops, Renewable energy unspecified

Comment on intention of investment

The company used to farm cattle.

Nature of the deal

Outright purchase

Negotiation status

[1957, current] Concluded (Contract signed)

Comment on negotiation status

Zimbabwe government officials are allegedly debating whether to expropriate Tongaat Hulett's farmlands.

Implementation status

[1960, current] In operation (production)

Contract farming

Yes

On leased / purchased

Yes

Comment on contract farming

The company has allocated private farmers 15880ha land- on the leased area- through its Rural Sugarcane Farming Community Project between this project and #4309.