New investor for David Whitehead Textiles
A NEW investor has shown interest to take over the fallen textiles giant, David Whitehead, a senior Cabinet minister has said, in what would be a major boost to the … Read More
Category: Manufacturing
Goldstar shuts down Harare sugar refinery
A rise in raw sugar prices has forced the country’s largest sugar producer close its refineryThe country’s largest sugar producer Goldstar has closed its Harare refinery citing ‘an exorbitant rise’ … Read More
Ex-Zisco workers petition Parly over US$3m pension arrears
ABOUT 20 members of the Ziscosteel Pension Fund have petitioned Parliament to press for the payment of US$3 million in outstanding pensions, documents obtained by NewsDay Business yesterday showed. This … Read More
NTS defies power outages, records increased volumes
National Tyre Services Limited (NTS) recorded an increase in volume performance for the third quarter to December 31, 2022 albeit a difficult environment worsened by power outages. Apart from inflationary … Read More
Eversharp sets up shop in Bulawayo
MANUFACTURING group, Amalgamated Regional Trading (ART)’s Eversharp division has officially opened new regional branch offices in Bulawayo to enhance business service efficiency in the southern region. Amalgamated Regional Trading (ART) … Read More
PPC Zim performance solid
Regional cement producer, Pretoria Portland Cement (PPC) Limited, says it’s local subsidiary, PPC Zimbabwe, remains an integral part of the business servicing the region. There is, however, speculation that the … Read More
State of fertiliser industry scandalous
IN yesterday’s edition of NewsDay we carried a story headlined: Storm over fertiliser imports… as domestic producers are frustrated, in which we are told that government has expressed concern over … Read More
Storm over fertiliser imports
AN overflow of imported fertilisers has frustrated government’s strategy to rebuild the domestic fertiliser industry to meet national requirements. NewsDay Farming understands that fertiliser imports have triggered concern in government, … Read More
We’ve capacity to supply uniformed forces — Leather sector
THE Zimbabwe Leather Development Council (ZLDC) says local leather companies have the capacity to supply the country’s uniformed forces with quality products and have pleaded with the Government for consideration … Read More
CAFCA faces stiff export competition
Listed cable manufacturer, CAFCA, says its export volumes for the financial year ended September 30, 2022 declined 10 percent from the comparative period owing to foreign currency constraints in the … Read More
