Simbisa Brands opens additional branch in Zimbabwe

ZIMBABWE – Simbisa Brands, Zimbabwe’s leading fast foods chain operator, has opened a second outlet in Kwekwe, central Zimbabwe. The branch, according to the group’s managing director, Mr Warren Mears, will run Simbisa’s Chicken Inn […]

Surface Wilmar to support soya bean out grower schemes in Zimbabwe

ZIMBABWE – Surface Wilmar, one of Zimbabwe’s leading edible oil manufacturers, has said that it has the capacity to finance local soya bean out-grower schemes to bolster production. Wilmar seeks to increase soybean production capacity […]

Zimbabwe to invest in nationwide industrialisation projects under new policy

ZIMBABWE – Zimbabwe is set to establish at least one factory in each of the country’s 63 districts through a national wide initiative aimed at promoting industrialisation in the country. This follows the approval of […]

Zimbabwe wheat stock improve as imports moderate shortage

ZIMBABWE – The Grain Millers Association of Zimbabwe (GMAZ) says the country’s flour stocks have improved with supply to the bakeries from the millers now set at 500 tonnes per day. According to GMAZ chairman, […]

Zimbabwe Simbisa Brands slashes prices 20% amid ongoing economic reforms

ZIMBABWE – Simbisa Brands Limited, Zimbabwe’s leading quick service restaurants operator, has resolved to slash prices of its major products by 20 percent margins in response to the ongoing monetary and fiscal reforms. The Zimbawe […]

Botswana retailer Choppies Supermarket closes branch in Kenya

KENYA – Botswana headquarters retailer, Choppies Supermarkets, has closed one of its outlet in Kenya, despite the retailers ambitious expansion plan in the rapid growing retail sector. The Bungoma unit in Western Kenya was closed […]

Tongaat Hulett to invest US$300m in capacity expansion of Zimbabwe business

ZIMBABWE – South Africa based sugar producer, Tongaat Hulett, will be investing US$300 million in a project that seeks to expand its processing capacity in Zimbabwe. The US$300 million project will see the company increase […]

Zimbabwe’s CFI Holdings reports 243% jump in profits to US$7.29m

ZIMBABWE – CFI Holdings Limited, a diversified agribusiness company in Zimbabwe, recorded 243% increase in profit to US$7.29 million during six months ended March 31, 2019. The company which operates Agrifoods and Victoria Foods divisions […]

Research institution unveils plans of setting up incubation centre in Zimbabwe

ZIMBABWE – The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) has unveiled plans of establishing an incubation centre at the Matopos Research Station in Zimbabwe. ICRISAT is a non-profit making organisation that conducts […]

Zimbabwe bans direct sales of maize to regulate trade amid dwindling production

ZIMBABWE – The government of Zimbabwe has banned the buying and selling of corn between private individuals and companies, and will only allow state owned Grain Marketing Board to be the sole buyer of commodity. […]