CTC probes Mega Market’s proposed takeover of Lobels
THE Competition and Tariff Commission (CTC) is launching a formal investigation into the proposed acquisition of 100 percent shareholding in…
Category: Manufacturing
Afdis revenue jumps 47% as sales surge
African Distillers Limited (Afdis) recorded a 47 percent revenue growth driven by soaring demand for wine and ready-to-drink (RTD) beverages,…
Bulawayo emerging industries set for boost as ZEEX launches
BULAWAYO’S emerging industries are set for a major boost from the expected launch of the Zimbabwe Entrepreneurship Exchange (ZEEX) in…
Bata’s production capacity surges
Bata Shoe Company has increased its capacity utilisation from 27 to 42 percent with the footwear manufacturer targeting further growth…
Varun leads race to acquire a controlling stake in Dairibord
PEPSI bottler, Varun Beverages, has emerged as the leading prospective buyer for a controlling stake in Zimbabwe’s largest dairy and…
Chinese firm Shuntai’s US$200m cement plant set to start operations
Once operational, the plant will produce both bulk and bagged cement under the Shuntai brand. With a design capacity of…
PPC Zim property Arlington Estate disposal falls through
PPC Zimbabwe’s proposed US$30 million disposal of its 418-hectare Arlington Estate has been terminated after the purchaser, Transvaal Africa, failed…
Import influx cripples AVM Africa as capacity utilisation plummets to 10pc
LOCAL bus manufacturer AVM Africa’s capacity utilisation has dropped to between 5 and 10 percent, weighed down by weak demand…
Proplastics strengthens regional footprint as exports jump 139pc
The strong growth lifted exports’ contribution to group turnover to six percent from four percent in the same period last…
Government, Belarus push ahead with US$50 million veterinary manufacturing project
ZIMBABWE is edging closer to becoming Southern Africa’s leading veterinary vaccine and pharmaceutical manufacturing hub following the tabling of a…