Afdis records 56% earnings growth with buoyant product demand

ZIMBABWE - Spirits and wines maker, African Distillers Limited’s (Afdis) has said the demand for its products remained buoyant but could not be fully satisfied due to the inconsistent supply of finished products owing to the unavailability of foreign currency. Performance for the half year to December 31, 2017, was however considered satisfactory as the…

AFDIS registers double-digit growth, eyes plant upgrade

ZIMBABWE -
 Spirits and wine maker, African Distillers Limited (Afdis), says it will embark on plant and equipment upgrade to enhance production as the firm maintains a double-digit growth in volumes. AFDIS managing director Cecil Gombera, told shareholders at the group’s annual general meeting yesterday that the firm was looking at ways of cushioning itself…