PPC anticipates sharp decline in business
Listed cement producer, Pretoria Portland Cement (PPC), says it anticipates a sharp decline in business by up to 20 percent for the six months ending September 30, 2019, compared to… Read more »
Category: Manufacturing
Natfoods gears for critical maize imports
Zimbabwe Stock Exchange-listed conglomerate, 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… Read more »
Afdis to localise wine
Afdis says it plans to localise popular wine brands to prop up product volumes which have been seriously waning lately. The spirits making firm’s ingenuity follows dismissal volumes performance by… Read more »
Mimosa shelves US$70m refinery plant
Platinum Group of Metals (PGM) producer, Mimosa Mining Company, has shelved plans to build a US$70 million refinery plant at the Zvishavane premises for local beneficiation of the minerals after… Read more »
Lifeline for Delta
The Coca Cola Company (TCCC) has agreed to extend by another 3 years, a bottler’s agreement it has with Delta Beverages. The agreement has been on the negotiating table since… Read more »
Delta sales volumes on a decline
Zimbabwe’s Stock Exchange-listed beverage manufacturing company with footprints in Southern Africa, Delta Corporation, performed dismally with regard to sales volume across main segments and subsidiaries, the company indicated in a… Read more »
Bottlers want to profit from your tap water
Worries about plastic throwaways have spurred Coke, Pepsi, and Nestle to seek new ways to monetise water. Over the past four decades, consumers around the world have chugged trillions of… Read more »
Mimosa acquires US$10 million processing plant
ZVISHAVANE-based platinum miner, Mimosa Mining Company says it is spending between US$15 to US$20 million annually on plant maintenance costs. The company has since secured a processing plant from South… Read more »
Hippo Valley Estates misses deadline yet again
Sugar processor Hippo Valley Estates Limited has missed its fourth deadline — October 31, 2019 — to publish its audited financial statements for the year ended March 31, 2019. “The… Read more »
Bread price slashed
SIMBISA Brands subsidiary, Bakers Inn Bakeries, has reduced to $14 the price of a loaf of bread from $15,75 in response to a Government subsidy in the supply of wheat…. Read more »