Invest Wisely
BULAWAYO-based company, Ref-Air, has quadrupled its production capacity after the installation of new equipment and machinery worth US$400 000 at its factory. The company specialises in all large and small-scale … Read More
LISTED spirits and wines producer, African Distillers (Afdis) posted a revenue increase of 56 percent to ZW$41 billion with operating income increasing by 15 percent to ZW$5,4 billion for the … Read More
Inadequate equipment and working space is limiting the growth and employment capacity of a Kwekwe-based small-scale soap and juice manufacturer. The company, Proud Hands Company, has 15 workers and operates … Read More
KUVIMBA Mining House, in which the Government owns a 21 percent stake, plans to use US$300 million worth of iron fines stockpiled at its Buchwa Mine to assist in funding … Read More
BETA Holdings, one of the country’s largest suppliers of building materials, is set to commission two brick-making lines in the next three months in a development expected to bridge the … Read More
COOKING oil producer Zimgold Oil Industries has announced plans to ramp up production by increasing its crushing capacity by 67% to 100 000 tonnes annually. The company’s finance director Amit … Read More
FARM implements manufacturer, Zimplow Holdings Limited, has set up a new business unit, Tractive Power Solutions (TPS), to cater for the exit of its Barzem unit from the Caterpillar (CAT) … Read More
THE US$1,5 billion steel plant being constructed in Mvuma, 200km south of Harare, by the Chinese giant, Dinson Iron and Steel Company (Disco), is now 60% complete, NewsDay Business heard … Read More
Food processor National Foods Holdings Limited will record a partial volume performance rebound over the second half of the year, according to stockbroking firm IH Securities (IH). This comes as … Read More
Zimbabwe faces a colossal task in its quest to attain an upper middle-income economy status by 2030 as it emerged the level of growth in the manufacturing sector continues to … Read More
