BAT in 20pc volumes drop
Cigarette manufacturer BAT Zimbabwe recorded a 48 percent increase in revenue for the half year to June 2019 despite sales volumes having dropped by 20 percent, financial director Leslie Malunga… Read more »
Category: Manufacturing
Govt commends clothing firm
GOVERNMENT has commended a Bulawayo company, Justin Clothing Private Limited, for setting a good example in the country by producing at 100 percent capacity utilisation despite the challenging macro-economic climate…. Read more »
Hard work will deliver Vision 2030 — Modi
INDUSTRY and Commerce Deputy Minister, Raj Modi, has called on Zimbabweans across the divide to embrace “hard work” for the country to achieve the desired upper middle-income economy status by… Read more »
Govt plugs Clothing Manufacturers Rebate loopholes
The Government has moved to plug loopholes in the utilisation of the Clothing Manufacturers’ Rebate (CMR) after some players in the garment making sector were found to have abused the… Read more »
Sugar exports to jump 21 percent
Zimbabwe’s sugar exports are forecast to increase by 21 percent to 145 000 tonnes in 2019, from 120 000 tonnes last year on the back of increased production and large… Read more »
Seed Co shareholders to receive dividends via C-Trade
Shareholders of Seed Co International Limited can now receive their dividend payments below US$10 through the C-Trade platform as a way to enhance ease of transacting and cut costs. However,… Read more »
Zisco new board to be announced this week
A NEW board for the country’s defunct steel manufacturing company, Zisco, is set to be announced this week following the expiry of the tenure of the previous board, Industry and… Read more »
Nampak reports increased revenues
PAPER and packaging group Nampak Zimbabwe says its trading profit for the nine months up to June 30, 2019 was ahead of prior year pulling through in an environment characterised… Read more »
Lancashire Steel says requires additional funding
KWEKWE-BASED wire-making company, Lancashire Steel says it needs an additional ZWL$19 million to ensure it smoothly emerges from the woods after closing down in 2010 due to operational constraints. The… Read more »
Seed Co anticipates firm demand across region
Regional seed manufacturer, Seed Co Limited’s expansion initiatives in Africa are expected to bear fruit this 2019/20 farming season on the back of increased varieties and capacity, good weather and… Read more »