Delta’s beer sales down, but soft drinks register growth
Beverages giant, Delta Corportion Limited’s beer sales, both lager and sorghum, took a dip for the first quarter to June 30, 2020, but its soft drink’s sales were positive. The… Read more »
Category: Manufacturing
ZSE suspended Seedco, Old Mutual await way forward
SEEDCO International is awaiting further details from the Zimbabwe Stock Exchange and other regulatory authorities with regards its suspension from trading on the local stock market, chief executive officer, Mr… Read more »
Millers want grain distribution decentralised
THE Small-to-Medium Millers Association of Zimbabwe (SMMAZ) has appealed to Government to decentralise the distribution of imported maize across the Grain Marketing Board depots in the country. At present the… Read more »
Zimbabwe cigar venture eyes Chinese market
Despite being a renowned tobacco producer globally, Zimbabwe is inserted in the global value chain mainly as a grower and exporter of the golden-leaf. The country is the largest producer… Read more »
Refurbished ZimAlloys furnace to ignite output
Gweru-based ferrochrome producer, ZimAlloys, which has been refurbishing one of its furnaces, is expected to commission the project in the next six months in a move that is likely to… Read more »
ZimAlloys’ furnace upgrade to add 350 jobs
FERROCHROME producer, ZimAlloys, says its furnace refurbishment programme is now 60 percent complete with the company optimistic that the project will be operational in the next six months, creating an… Read more »
Increase exports, clothing industry urged
ZIMBABWE’S trade development and promotion agency, ZimTrade, has challenged the local clothing and textile industry to increase value added exports and exceed last year’s US$62.3 million earnings. In Africa, total… Read more »
Covid-19 delays ZimCoke-Zisco deal
THE disruptive Covid-19 pandemic has resulted in the prolonged delays in finalising the deal between ZimCoke and the now defunct steel giant, Zisco. The infectious disease has also frustrated talks… Read more »
Hippo seeks funding alternatives for Kilimanjaro
Listed sugar producer, Hippo Valley Estates Limited, is considering alternative sources of funding for the US$40 million Kilimanjaro Sugar Cane Project. Through the project, the company is looking to develop… Read more »
JSE fines Tongaat Hulett
The Johannesburg Stock Exchange (JSE) has fined sugar producer Tongaat Hulett R7,5 million and publicly censured it for publishing financial statements that contained errors. “Tongaat Hulett notes and accepts both… Read more »