Government to engage cement producers on prices
THE Ministry of Industry and Commerce is set to engage local cement producers on pricing with a view of reducing the cost to make it affordable for most people without … Read More
Category: Manufacturing
Proplastics to install CPVC plant
PIPE manufacturing concern, Proplastics says it is looking at setting up a chlorinated polyvinyl chloride (CPVC) producing plant for the production of domestic and industrial liquid-handling pipes. The factory will … Read More
Milk output up 18 percent
ZIMBABWE increased its milk output by 18 percent in the first six month of this year as the industry works towards achieving 93 million litres from 80 litres annually. This … Read More
Afdis to leverage on locally generated forex
Spirits and wine maker, African Distillers, says it will continue to leverage on foreign currency generated from trading to ensure continuous supply of imported inputs. Afdis business is premised on … Read More
Seed Co’s artificial seed dryer pays dividends
Listed seed maker, Seed Co Limited’s recently launched artificial seed drying plant, is now operational and already beginning to bear fruits. Group chief executive officer, Morgan Nzwere, told analysts that … Read More
JSE suspends Tongaat Hulett for second time in three years
Debt-laden sugar and property group Tongaat Hulett, which owns Hippo Valley Estates and Triangle Limited in Zimbabwe, has had its shares suspended from trading on the JSE for the second … Read More
Mandiwanza quits Dairibord after 43 years
DAIRIBORD Holding Limited group chief executive Anthony Mandiwanza is retiring from the listed company with effect from September 30, 2022 after serving the milk processor for 43 years. Mandiwanza will … Read More
Inflation knocks off US$650m from Seed Co revenue
SEED firm, Seed Co Limited (SCL) reccorded a loss of $650,5 million in its inflation adjusted financial results for the year ended March 31, 2022 owing to a 71,5% increase … Read More
Textile sector pleads for capitalisation bailout
The cotton to clothing value chain sector says an urgent capitalisation bailout package and deliberate policy support measures from the Government would help rejuvenate its members and yield greater value … Read More
Milk production jumps 18pc on Govt support
Dairy farmers in Zimbabwe produced 43,35 million litres in the first six months of 2022, representing an 18 percent rise on the corresponding period last year, official data shows. In … Read More
