Zimbabwe’s Dairibord sales volumes down 40pc in third quarter of the year

ZIMBABWE – Dairibord Zimbabwe Ltd (DZL), Zimbabwe’s largest milk processor reported a 40% decline in sales volume for the third quarter to September 2019. The drop-in sales volumes was attributed to constraints of availability of […]

Zimbabwe’s poultry sector benefit from surging egg production amid declining meat output

ZIMBABWE – According to Zimbabwe Poultry Association (ZPA), egg production in Zimbabwe increased by 35% to 12.6 million dozen of eggs in the third quarter of the year i.e July to September contributed majorly by […]

Zimbabwe’s National Foods posts 36% decline in quarter one sales volumes

ZIMBABWE – National Foods, Zimbabwe’s leading flour and food producer has reported a 36% decline in sales volumes in the first quarter ended September 2019 owing to reduced consumer spending power. “Volumes were subdued, closing […]

Zimbabwe bans importation of cloven livestock from South Africa over viral disease outbreak

ZIMBABWE – The government of Zimbabwe has suspended importation of live cloven-hoofed animals and related products from South Africa following a notification by the South African Veterinary Authorities of an outbreak of foot and mouth […]

Delta Corp reports dwindling performance with 48% decline in larger beer volumes

ZIMBABWE – Delta Corporation Limited, a beverage manufacture in Zimbabwe has reported a decline in its performance for the half year period ended September 2019 on the back of declining sales. The company saw a […]

Government of Zimbabwe, Tongaat Hulett to launch US$40m sugar cane project

ZIMBABWE – The Kilimanjaro sugar cane project in South-East Zimbabwe worth US$40m is ready to be commissioned by the Government of Zimbabwe in partnership with Tongaat Hulett Zimbabwe, an agribusiness company. The project will open […]

Simbisa Brands full year profits increases 134% amid economic hardships

ZIMBABWE – Zimbabwe’s Quick service restaurant (QSR) group, Simbisa Brands Limited’s profit for the year ended June 30, 2019 jumped by 134% to US$32 million despite a decline in total customer count. Zimbabwe, which is […]

Sugar processor Tongaat postpones release of audited full year financial results

SOUTH AFRICA – South African based sugar producer, Tongaat Hulett, has again postponed the release of its audited financial statement for the latest full year ended March 31 from the previously anticipated release date of […]