United Refineries shuts
Bulawayo based, United Refineries on Tuesday said it had temporarily halted operations due to water shortages in Zimbabwe’s second largest city. The city’s perennial water shortages have worsened this year … Read More
Category: Manufacturing
Padenga consolidates Dallaglio results
Crocodile skins producer, Padenga Holdings Limited, will — for the first time — consolidate financial results for its recently-acquired mining operations, Dallaglio. As a result, the group will further delay … Read More
Dairibord milks relaxed restrictions
Food and dairy products processor, Dairibord Holdings Limited, says sales volumes for the third quarter to September 30, 2020 significantly improved registering a 32 percent growth on previous quarter as … Read More
Dairibord trims foreign liabilities
DIVERSIFIED food processing firm, Dairibord Holdings Limited, has lowered its foreign liabilities by 34 percent to US$771 000 in the quarter ended 30 September 2020 and seeks to further trim … Read More
Govt commends ZimChem, plant upgrade
GOVERNMENT has commended Redcliff-based, ZimChem Refineries (Pvt) Limited, for its robust response in the fight against Covid-19 and efforts to create more jobs through its second plant upgrade. ZimChem, which … Read More
Fertiliser prices set to decline
The planned investments in Zimbabwe’s fertiliser industry will trigger significant reduction in cost of the products and make them more competitive on both local and the export market, according to … Read More
URL needs Zimdollar more than USD
UNITED Refineries Limited (URL) chief executive officer, Mr Busisa Moyo, says the Bulawayo headquartered agro-processing company needs more of the local dollar to localise production of key raw materials and … Read More
US$1,4m boost for Sable Chemicals
AMMONIUM Nitrate producer, Sable Chemicals has accessed US$1,4 million in foreign currency for the importation of key raw materials to enable the company to produce more fertiliser for the 2020/21 … Read More
Olivine Hails RBZ’s Foreign Exchange Auction For Easing Instability
OLIVINE Industries Ltd, a local unit of Wilmar International, has commended the Reserve Bank of Zimbabwe (RBZ) foreign exchange auction system for achieving market predictability and weeding out the instability … Read More
GZU factory manufactures 30 000 PPEs
The newly commissioned Great Zimbabwe University (GZU) textile factory has so far manufactured 26 000 reusable face masks including personal protective equipment (PPEs) for medical personnel as the institution continues … Read More
