BETA Holdings merges with Kalulushi
Zimbabwe’s BETA Holdings is destined for greater heights in the lucrative proper sector in Africa. The firm is eying to become a bigger infrastructural inputs supplier in southern and central … Read More
Category: Manufacturing
Coronavirus disrupts Africa’s fashion sector
The Covid-19 disruption of global value chains has negatively affected Africa’s fashion industry and is threatening jobs. According to the African Development Bank (AfDB), there is a need to re-build … Read More
JSE fines Tongaat Hulett
The Johannesburg Stock Exchange (JSE) has fined sugar producer Tongaat Hulett R7,5 million and publicly censured it for publishing financial statements that contained errors. “Tongaat Hulett notes and accepts both … Read More
Schweppes introduces new products
DIVERSIFIED beverages producer, Schweppes Zimbabwe Limited, has introduced new fruit drink products into the market as part of its growth strategy and widening the customer base. The move is expected … Read More
Hippo Valley Estates misses deadline yet again
Sugar processor Hippo Valley Estates Limited has missed its fourth deadline — October 31, 2019 — to publish its audited financial statements for the year ended March 31, 2019. “The … Read More
Bread price slashed
SIMBISA Brands subsidiary, Bakers Inn Bakeries, has reduced to $14 the price of a loaf of bread from $15,75 in response to a Government subsidy in the supply of wheat. … Read More
Chemplex seeks RBZ forex fundraising approval
FERTLISER and chemical manufacturer, Chemplex Corporation, is seeking Reserve Bank of Zimbabwe (RBZ) approval to sell some of its assets in US dollars to raise $10 million to complete a … Read More
Proplastics leverages on new currency
Listed manufacturer Proplastics says it is now adopting an “aggressive exports strategy” in view of the announcement by the Government to end the multi-currency system. Last week, the Ministry of … Read More
Investor to set up chlorine plant at Redcliff
A GERMAN company, Thyssen Krupp, plans to construct a chlorine plant in Redcliff for the production of water purification chemicals for industrial use. The proposed investment will be the latest … Read More
Art partners Botswana-based firm . . . Company eyes export-led growth . . . Kadoma Paper Mill now operating full throttle
Amalgamated Regional Trading (ART), has secured a partnership deal with a Botswana based firm for the distribution of its products in the Southern African country to increase volume growth as … Read More
