Zimbabwe’s largest dairy processor Dairibord to launch US$1.5m processing facility

ZIMBABWE – Zimbabwean milk processor, Dairibord Holdings, is set to commission a new US$1.5 million manufacturing plant. The facility which is nearing completion will produce ice cream and yoghurt as part of its expansion plan. According to reports by The Herald, the Zimbabwe Stock Exchange (ZSE) listed company, has not had a functional food manufacturing plant since it took the decision to decommission an old plant, to replace it with a new and more efficient one, as part of its renewed expansion drive. The latest initiative comes hot on the…

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Dairibord reports 54.5% rise in interim sales volumes triggering jump in revenue to US$11.6m

ZIMBABWE – Zimbabwe’s leading dairy processor, Dairibord Zimbabwe Limited (DZL), has show-cased a stellar performance in the first half year period ended June 2021, reporting a 65% rise in revenue to ZW$4.2 billion (US$11.6m) from ZW$2.5 billion (US$6.9m) registered in the corresponding previous year. The solid top line performance was a result of the 54.5% increase in sales volumes and moderate price adjustments to minimise margin compression. According to the company, demand was firm across all product categories, with sales volumes for the period being 54.5% above prior year, the…

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Simbisa Brands gets nearer to customers in home market with launch of new outlet

ZIMBABWE – Simbisa Brands, Zimbabwe’s largest fast-food restaurant operator has opened a new branch in Redcliff town in the Midlands province of Zimbabwe, as part of a business expansion drive. The new outlet housing the company’s three brands, Chicken Inn, Pizza Inn and Baker’s Inn, is part of its expansion programme, which seeks to see the company opening more branches across the country by year end. “Today Simbisa Holdings operates more than 230 stores across the country. Simbisa Holdings is growing and is scheduled to open more stores before year…

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Merger talks between Zimbabwe’s largest dairy processors Dairibord, Dendairy collapse

ZIMBABWE – A multi-million-dollar historic merger between Zimbabwe’s largest and second largest milk processor by market share, Dairibord Holdings Limited and Dendairy, has been kicked to the curb. The planned transaction, according to NewsDay was first announced in July 2020 with DHL seeking to leverage on Dendairy’s strategic investments into production of dairy products and its access to the regional market. According to reports, in 2018, Dendairy started a project to expand operations at its Kwekwe plant, which would have seen the firm adding three new packaging lines to increase…

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Zimbabwe based Organic Africa opens multi-million-dollar herbal tea processing factory

ZIMBABWE – Zimbabwe has welcomed a new herbal tea processing factory constructed by agriculture concern, Organic Africa. The multi-million-dollar facility is aimed to promote value addition which will in turn ensure the players along the value chain get the best returns from the produce. Termed as one of the largest herbal tea factories in Southern Africa by The Herald, the facilities will enable Organic Africa to get a share of the lucrative market segment. The herbal tea market was valued at US$ 3.289 billion in 2020 and is projected to…

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India supports climate resilient agriculture in Zimbabwe with US$1m contribution

ZIMBABWE – The United Nations World Food Programme (WFP) in Zimbabwe has received US$1 million from the government of India to support its efforts towards strengthening resilience to climate change in the country. The contribution, provided through the India-UN Development Partnership Fund, will be used to assist more than 5200 smallholder farmers in Chiredzi and Mangwe districts. Working alongside partners, WFP Zimbabwe will provide expertise through its Smallholder Agricultural Market Support (SAMS) programme, to strengthen the resilience and capacity of selected smallholder farmers. The project will promote the cultivation of…

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FAO promotes growth of Southern Africa’s poultry industry through dissemination of sustainable farming practices

SOUTHERN AFRICA – The Food and Agriculture Organization of the United Nations (FAO) has received financial support from the Fleming Fund of the United Kingdom and the MARS Global Food Safety Center to undertake a capacity building program targeting poultry farmers in Zambia and Zimbabwe. The online course launched through its Virtual Leaning Centre for Southern Africa (SFS-VLC) is aimed to strengthen the capacity of farmer field school (FFS) facilitators and master trainers in the Southern African countries to prepare and run quality poultry-focused FFS. A total of 47 participants…

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Schweppes Zimbabwe goes green with launch of 500 kwP solar power plant

ZIMBABWE – Schweppes Zimbabwe, manufacturer and distributor of non-carbonated beverages in Zimbabwe has commissioned a 500 kilowatts solar power plant to run its Beitbridge Juice Plant. According to the company’s Managing Director – Mr Charles Msipa, the ground-mounted solar plant is able to supply 500 kilowatts of energy and is adequate to support the plant’s requirements. Currently, the company is finalizing agreements with the Zimbabwe Electricity and Distribution Company (ZETDC) to be able to feed any surplus power into the national grid, reports Chronicles. “It has been fully commissioned and…

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Zimbabwe’s Raymeg Consultants launches first rabbit abattoir taking advantage of niche market

ZIMBABWE – Raymeg Consultants Private Limited, a corporate member of the Zimbabwe Commercial Rabbit Breeders Association (ZICORBA), has inaugurated Zimbabwe’s first export certified rabbit abattoir. Having an installed processing capacity of more than 2.5 tonnes per day, the facility will thrust rabbit meat firmly on to the country’s white meat sub-sector, which was until recently, mainly a preserve of pork, chicken and fish. Raymeg Executive director, Mrs Paidamoyo Nyamakanga, said in an interview with The Herald, the abattoir, situated on a 2.5-acre plot in Waterfalls, Harare, has generated much interest…

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Retailer OK Zimbabwe registers 49% growth in revenue driven by rise in volume sales

ZIMBABWE – Zimbabwe’s largest retail group, OK Zimbabwe has reported a 49% surge in revenue in the first quarter of its current financial year to June 2021, despite COVID-19-induced disruptions. Its sales volume grew by 48% over the same corresponding period in 2020, attributed to a recovery from more stringent prior year Covid-19 restrictive regulations and the success of the OK Grand Challenge promotion. According to the stock exchange-listed supermarket chain, it resumed its flagship OK Grand Challenge Promotion which had been temporarily suspended in 2020 due to Covid-19 lockdown…

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