Invest Wisely
GRAIN milling company, Blue Ribbon Foods Limited has saved around $4,5 million in the past 18 months after procuring maize locally from farmers who were contracted under Government’s import substitution … Read More
Ziscosteel requires at least $1billion to restart operations following its closure about 10 years ago while the new investor will need 18 to 24 months to restructure and reconstruct blast … Read More
Grain milling company, Blue Ribbon Foods Limited says it is working on diversifying into beverages manufacturing, as investor confidence in the country continues to grow. The project is expected to … Read More
SOUTH African pharmaceutical group Adcock Ingram says its businesses in Zimbabwe and Kenya collectively increased turnover by 24,8% to R123,7 million ($10,5m) in the interim results for the six months … Read More
ZIMBABWE’S largest beverage maker, Delta Corporation’s legal battle to get interest of close to $700 000 on charges of underestimated taxes from state revenue collector Zimra rages on with the … Read More
Depressed production volumes saw Hippo Valley Estates, a local unit of South African sugar producer Tongaat Hulett, report a 13 percent decline in revenue to $72 million for the half … Read More
COOKING oil producers have approached the central bank asking to be allowed to sell some of their products for cash in foreign currency to be able to import raw materials. … Read More
STATE owned timber producer and processor, Allied Timbers, anticipates a return to profitability next year, the first time in nearly 10 years. However it must first achieve its target to … Read More
The proposed investor for PG Industries, Dewei Investments says it has received regulatory approvals and will proceed to pay off the building materials manufacturer’s shareholders and creditors this month. The … Read More
BAKERS INN has injected $1 million into this year’s edition of Buy and Win promotion, with the confectionery firm projecting to boost volumes by 15%. The promotion, which is in … Read More
