New plant to anchor Proplastics volume growth
Proplastics turnover for the full year to December 31, 2023 grew by 22 percent to US$21,3 million in the prior year with the growth underpinned by a 22 percent increase … Read More
Category: Manufacturing
PPC misses target as implementation of fly ash project in Zim delays
PRETORIA Portland Cement (PPC) says its capital expenditure has remained behind its target of R600 million for the financial year to March 2024 due to delayed implementation of the fly … Read More
Willdale pins hope on construction boom
ZIMBABWE Stock Exchange (ZSE)-listed brick maker, Willdale (Pvt) Limited, expects to leverage on the ongoing infrastructure development boom to boost production and grow revenue earnings and profits. In a statement … Read More
Proplastics profit trebles to US$520 000
PLASTIC pipe manufacturer Proplastics Limited’s profit after tax more than trebled to nearly US$520 000 in the year ended December 31, 2023, on the back of a huge cut in … Read More
Proplastics new plant to anchor volume growth
Proplastics turnover for the full year to December 31, 2023 grew by 22 percent to US$21,3 million from US$17,4 million in the prior year with the growth underpinned by a … Read More
Govt in bid to increase tobacco processing and value addition
Government is working on increasing processing and value addition of tobacco from 2 percent to more than 30 percent to increase earnings from the golden leaf. The country has been … Read More
Manufacturing sector survey expected this month
THE Confederation of Zimbabwe Industries (CZI), says the 2023 manufacturing sector survey report is expected to be released later this month. CZI, the country’s largest manufacturing sector lobby group and … Read More
CTC cracks down on Profeed’s tied selling practice
The Competition and Tariff Commission (CTC) has issued a cease and desist order against Profeeds, a major supplier of poultry products for engaging in “tied selling” practices. The order prohibits … Read More
2023 manufacturing sector survey report out this month-CZI
THE Confederation of Zimbabwe Industries (CZI) says the 2023 manufacturing sector survey report is expected to be released later this month. CZI, the country’s largest manufacturing sector lobby group and … Read More
US$1,5bn steel plant ready by June
THE US$1,5 billion steel plant completed recently in Manhize near Mvuma is expected to commence operations by June this year and has started mobilising raw materials to the plant with … Read More
