21.6 C
Harare
Monday, June 14, 2021
Reports growth across all units except PowermecMacroeconomic stability and prospect of a bumper harvest has supported capital expenditureSays that at present, the Group is stable and of a sound going concern HARARE – Zimplow holdings limited, marker and is involved in marketing a...
Signals the completion of the first phase of US$25 million expansion planExpected to increase company's manufacturing capacity per year by over 1 400 percentAlso constructing Vertical Cement Mill plant Harare – Lafarge Cement Zimbabwe today commissioned its US$2.8 million dry mortar plant signalling...
Revenue increased from ZW$1.5 billion in 2019Operating profit increased by 1,077% from a loss of ZW$26m in 2019 Shelves dividend HARARE - British American Tobacco (BAT) Zimbabwe Holdings Limited which manufactures, distributes, and sells tobacco products for local consumption through a network of independent...
Mathlongolo Valela takes over as CEO effective July 1, 2021Pearson Gowero set to retire after 25 years at the companyChange of guard amidst expansion of soft drink operations into Manicaland Harare – Zimbabwe’s biggest beverages producer, Delta Corporation Limited has appointed a new...
Natpak delivered 26 percent growth in aggregate volumesProdairy volumes increased by 27 percentProbottlers delivered a 57 percent increase in volumesProbrands volumes were up 43 percent Harare – Innscor Africa Limited said its other light manufacturing and services recorded considerable increases in volumes across...
TV Sales & Home turnover up 30 percentDGA Zimbabwe turnover up 6 percentTranserv had operating profit growth of 22 percent Harare – Axia Corporation Limited said for the six months ended December 30, 2020 the relatively stable environment has given rise to the...
Harare: - The African Continental Free Trade Area (AfCFTA) has been signed by 54 of the continent’s 55 nations. To date, the trade pact has been ratified by 35 member states (Zimbabwe included) meaning that the AfCFTA is now in effect for those members.
Dairibord seeks to merger with DendairyThe 2 are leading dairy producers in ZimbabweDendairy still embroiled in Chilonga saga JOHANSBURG The country’s leading dairy producer Dairibord said its discussion with Dendairy is still ongoing, according to an extended cautionary statement published on Thursday .The discussions...
Capacity utilization rose by 11 percentage pointsProjected to rise to 61 percent in 2021 Harare –  Capacity utilization of Zimbabwe’s manufacturing sector rose by 11 percentage points to 47 percent in 2020 from 36.4 percent in 2019 on the back of improved foreign...
Sales volumes up 40 percent in Zimbabwe 17 percent increase in sales volumes in Zambia Harare – Varun Beverages Zimbabwe Limited, which bottles Pepsi products in Zimbabwe has reported a sales volume increase of 40 percent in 2020 owing to the mild lockdown regulations...