COMESA unveils plans to curb counterfeit seeds through a common label

EASTERN AFRICA - Seed companies operating in Common Market for Eastern and Southern Africa (COMESA) member states will from early next year sell seeds branded with a COMESA logo as a measure to prevent sale of uncertified products. Dr.John Mukuka, COMESA regional seed programme coordinator, said that the labeling was necessary to wipe out counterfeit…

South Africa’s fast food chain Barcelos to open more outlets in Zimbabwe

ZIMBAMBWE – South Africa’s fast food giant Barcelos Flame Grilled Chicken restaurant is set to open another branch in Harare after opening its first outlet in Bulawayo as it seeks to expand into the Zimbabwean market, reports the Herald. The company director, Benson Muneri, said the expansion of the quick services restaurant into Zimbabwean market…

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 Harare based food company had written to its customers indicating the intention to close down its flour processing factories in…

Simbisa Brands postpones plans to list on London Stock Exchange

ZIMBABWE - Zimbabwe’s quick service restaurant group, Simbisa Brands Limited has put on hold plans of its listing on the London Stock Exchange (LSE), reports the Herald. Addington Chinale, the company’s chairman, has said that the company will now focus on growing of the business and working on its readiness before implementation of the plan…

Venture capital firm Vakayi invests in Zimbabwe’s hatchery ZimAvian

ZIMBABWE -  Vakayi Capital, a venture capital company investing in outstanding entrepreneurs in Zimbabwe has said that it has concluded its second investment project in Zimbabwe, with the latest round in ZimAvian (Pvt) Ltd, a Ruwa based poultry hatchery. The Herald reports that ZimAvian, which produces broiler and layer day-old chicks needs an extra US$250…

Simbisa Brands launches mobile application to boost delivery efficiencies

ZIMBABWE – Simbisa Brands, the quick service restaurant business owned by Innscor Africa has launched a mobile application dubbed Dial-a-Delivery (DaD) to enhance efficiency in its delivery network, reports the Herald. The platform boosts efficient delivery of products to customers through centralised call centres. Customers place orders through the phone via the DaD application and…

Zimbabwe’s fast food and retail operators re-open as the economy improves

ZIMBABWE – Zimbabwe’s fast food chains and retail operators have reopened their stores after closing down on difficult trading and economic conditions that rocked the country in the recent past. Among them KFC (Kentucky Fried Chicken) and OK Zimbabwe had blamed their closure on rising operational costs, shortages of fuel and raw materials among other…

Zimbabwe government considers sale of stake in consumer goods company Olivine

ZIMBABWE – The government of Zimbabwe is considering selling of its stake in Olivine Industries to an external investor to get more capital for reviving the firm’s operations, reports the Herald. The revival of the fast moving consumer goods company is also anticipated to reduce the import bill for cooking oil and some groceries. Olivine…

Millers and packaging manufacturers deliberate mealie prices on high packaging costs

ZIMBABWE – Millers and packaging manufacturers are seeking to reach a consensus on mealie prices following an increase in the cost of packaging by over 500%. According to the Herald, the decision by manufacturers of packaging for mealie meal and bread to more than double their prices could see the prices of mealie meal going…

Zimbabwe’s President inaugurates Innscor’s Prodairy Milk Processing Plant in Ruwa

ZIMBABWE - President Mnangagwa has commissioned a new Prodairy Milk Processing Plant in Ruwa, Zimbabwe that will aid the country in addressing milk consumption gap. According to the Herald, the new facility which is a division of a consumer goods focused group, Innscor Africa Holdings becomes Zimbabwe’s third UHT Processing Plant after Dairibord and Dendairy.…