Innscor’s first quarter revenue plunges amid tough economic conditions

ZIMBABWE – Innscor, manufacturer of consumer goods products in Zimbabwe has reported a decline in volumes in the first quarter ended September 30th owed to reduced consumer spending power and continual deterioration of macro-economic fundamentals. […]

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’s biggest flour miller National Foods to close down mills

ZIMBABWE – National Foods, Zimbabwe’s leading flour and food producer has announced that it plans to shut down its flour mills blamed on impeding foreign currency shortages in the country, according to ANA report. The […]