NatFoods disposes of stake in Pure Oil
National Foods Limited has sold its 25 percent stake in Pure Oil, the producer of the ZimGold cooking oil brand for an undisclosed amount, Business Weekly has learnt. “All relevant … Read More
Category: Manufacturing
Screeching halt to new tyre sales as retreads get grip on volumes
NATIONAL Tyre Services Limited says its new tyre sales dropped by 26 percent in the quarter ending 30 June 2022 but posted a six percent increase in retreading volumes. Rising … Read More
Cafca export up 8pc
Listed cables manufacturer, Cafca Limited says its export volumes were 92 tonnes in the third quarter to June 30, 2022 which was 8 percent above the 85 tonnes recorded in … Read More
SeedCo quarterly volumes suffer 18% knock
LISTED seed manufacturer, SeedCo Limited has witnessed quarterly volumes decline by 18%, amid a return to profitability attributed to strong margins recovery. Presenting a trading update for the period ended … Read More
Late rains affect brick production at Willdale
Listed brick maker – Willdale Limited’s sales volume for the nine months to June 30, 2022 decreased by 9 percent compared to the comparative prior year. Company secretary, Mavuto Munginga, … Read More
Two fertiliser facilitiess set for launch
Zimbabwe is set to launch two fertiliser facilities soon in a move that is expected to boost domestic production of the critical nutrients key to improving crop yields. The commissioning … Read More
Seed Co to leverage on regional associate
Seed Co remains upbeat about meeting demand for seed and increasing its contribution to food security in Zimbabwe the region. Seed producing giant, Seed Co Limited intends to leverage on … Read More
Production costs, competition strain Ingwebu
BULAWAYO Municipal Commercial Undertaking’s beverages producer, Ingwebu Breweries, says rising costs of production coupled with increasing competition strained its earnings, which saw profit dropping by 24 percent to US$174 066 … Read More
Bakery firm targets Zambian market
Bulawayo-based firm, Bernard Remegious Bakery (BRB), is planning to spread the distribution of its products into the Zambian market following its successful participation at the latest Zambia Agriculture and Commercial … Read More
Lager beer production seen up 11%
DELTA Beverages says its lager beer portfolio is performing ahead of prior year, with a target to produce more than two million hectolitres this year, up 11% compared to prior … Read More
