ZIMBABWE – Two local Zimbabwe companies are angling for a shareholding in Zimbabwe Glass Holdings, a wholly owned subsidiary of the state enterprise, Industrial Development Corporation of Zimbabwe. Zimbabwe Glass Industries who are the sole […]
ZIMBABWE – CBZ Bank Limited, one of Zimbabwe’s commercial bank has rolled out a US$50 million bond that will finance the 2019/20 agriculture season. According to the bank, the bond instruments will finance the importation […]
ZIMBABWE – Varun Beverages Zimbabwe (Pvt) Limited, franchise bottler of PepsiCo in the country has officially commissioned the US$20 million second phase of its manufacturing plant in Harare. Varun Beverages produces brands that include Pepsi, […]
ZIMBABWE – PHI Commodities, subsidiary of National Foods Limited has committed to fund over 20 000 hectares of both maize and wheat production under contract farming during the 2019/2020 summer cropping season. This is in […]
ZIMBABWE – Zimbabwe’s largest seed producer, Seed Co Limited has reported a loss of US$2.5 million for the half year period to September 30, 2019, from US$1.5 million recorded during the same period in the […]
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 – 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 – National Foods Holdings Limited (Natfoods), has initiated an importation programme for both white and yellow maize to cover the expected maize deficit in the first half of 2020. In July this year, President […]
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 – 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 […]
