Harare plant ups PPC cement volumes

PPC’s decision to invest in a new plant in Harare, Zimbabwe is already paying dividends as cement volumes, which had been trending lower, are now showing improvement.

International brewers looking to Africa to expand

INTERNATIONAL brewers in Africa are expanding their production of beers based on local ingredients, snapping up craft brewers. They are introducing more brands as...

Zim misses revenue targets as economy implodes

THE economy is reeling in doldrums with the latest Zimbabwe Revenue Authority (ZIMRA)’s, first quarter of 2016 figures showing company tax...

Delta full year earnings down 15% as beer sales decline

DELTA Corporation, Zimbabwe’s biggest company, said full-year profit declined 13% after unemployment and delays paying government worker salaries hurt beer sales. Net income was US$81...

BAT Zimbabwe reports drop in volumes

BRITISH American Tobacco (BAT) Zimbabwe on Tuesday reported a 23% drop in revenue to US$16.8m following a 21% decrease in sales volumes as economic...

National Foods quarterly revenue down 3%

MANUFACTURING concern National Foods says its revenue for the first quarter ending September marginally declined by 3% to US$78 million compared with the same...

Zim loses power imports from Zambia and Moz

LOSS of electricity imports from Zambia's Zesco and from the Hydro Cahora Bassa power plant in Mozambique has disrupted power supplies in Zimbabwe early...

Toyota recalls 3,4m cars over airbags, fuel tanks

TOYOTA Motor said it’s recalling about 3,4 million vehicles to repair separate flaws involving leaky fuel tanks and curtain air bags that may crack...

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