Is there still scope to revive Zisco?
WITH over a decade in comatose, debate has emerged on whether Zimbabwe’s largest integrated iron and steel plant, Zisco should be resuscitated or placed in a national museum. Part of … Read More
Category: Manufacturing
Tongaat Hulett shares surge over 17pc
Artemis has backed a group of minority investors disgruntled with the timing and size of Tongaat’s nowabandoned R5 billion rights offer. Shares in debt-laden Tongaat Hulett surged 17,78 percent on … Read More
Seed Co develops more varieties for regional markets
Victoria Falls Stock Exchange (VFEX) listed seed producer, Seed Co International is developing more seed varieties for both grain and vegetables that suit conditions across its regional markets in an … Read More
Govt moves to takeover troubled COTTCO
GOVERNMENT has tabled plans to acquire a controlling stake in the troubled Cotton Company of Zimbabwe (COTTCO), in a development likely to change the company’s shareholding structure, if approved. COTTCO … Read More
Proplatics looks to improve production capacity
Proplastics Limited requires at least US$2,5 million per month for its recently constructed US$8 million factory to operate at installed capacity. The company successfully commissioned its state-of-the-art new factory and … Read More
CSC rescuer booted out
Lawyer Vonani Majoko has been removed as corporate rescue practitioner for troubled meat processor, Cold Storage Company (CSC) with immediate effect. Majoko was appointed in April last year, taking over … Read More
Olivine expands food production capacity
Olivine, a local unit of Wilmar International, is set to commission margarine and tomato source production lines at its Harare plant, chief executive Slyvester Mangani said. “We are expanding our … Read More
SeedCo volumes remain flat
The country’s largest seed processor, Seed Co International Limited (SeedCo) revenue for the full year to March 31, 2022 was flat at US$88,5 million, albeit on reduced sales volume, helped … Read More
Steel plant to turnaround Zim’s fortunes
The Manhize iron and steel plant is set to make Mvuma a major industrial town, while also making Zimbabwe one of the biggest global steel producers in the world, driven … Read More
PPC Zimbabwe unit bolsters group earnings
LEADING cement producer, Pretoria Portland Cement (PPC) says its Zimbabwean unit is financially self-sufficient and a going concern on a standalone basis with no funding requirement from the parent group. … Read More
