Varun Beverages gets SEZ status
Beverages manufacturer, Varun Beverages, has been declared a special economic zone, as Government seeks to incentivise the firm that is reportedly planning to put up a new $23 million plant…. Read more »
Category: Manufacturing
New steel factory for Bulawayo
A LOCAL company, Primetone Investments is in discussions with an Asian group of companies, Kanku International, to set up a US$250 000 steel manufacturing plant in Bulawayo. In an interview… Read more »
Merlin court case crumbles
THE Supreme Court has abandoned an appeal by Merlin Limited judicial manager, Mr Cecil Madondo, against a High Court ruling after he failed to follow it up within the specified… Read more »
Afdis reports $7m PAT for the half-year
Wines and spirits maker African Distillers Limited (Afdis) yesterday said it’s profit-after-tax for the six months to December more than doubled to $7 million from $2,7 million in the prior… Read more »
Chinese tile maker seeks waiver on capital equipment
CHINESE-owned ceramic company, Sunny Yi Feng, which is constructing a tile manufacturing plant in Norton, has pleaded with the Zimbabwe Revenue Authority (Zimra) to consider waiving duty on the importation… Read more »
Dairibord seeks forex duty exemption
Milk processor, Dairibord Zimbabwe Limited (DZL), has approached Government with a view to be exempted from paying duty in foreign currency for imported raw materials particularly concentrates that are used… Read more »
Refractories manufacturer aims regional market
REDCLIFF-based refractories manufacturer, Lamcast Private Limited, has set its focus on penetrating the regional export market as part of its long term expansion drive. Formed in 2001, Lamcast trades in… Read more »
Nestle Zimbabwe To Employ 10 000 Women Within Next 4 Years – Mthuli Ncube
The Finance and Economic Development Minister Mthuli Ncube said that Nestle Zimbabwe is set to employ 10 000 women within four years in its distribution unit. Ncube said this to… Read more »
Bata unit creates 290 jobs
GWERU-based Bata Shoe Company has created about 290 jobs after the commissioning of a gumboot manufacturing plant last year. The giant shoe manufacturer discontinued production of gumboots and PVC safety… Read more »
Dendairy to commission three packaging lines
KWEKWE-BASED dairy producer, Dendairy, is set to commission three new packaging lines as part of the company’s ongoing expansion programme. The firm has embarked on an expansion programme with a… Read more »