Archive | Business

Nestlé Zim exports up 50%

Nestlé Zimbabwe’s exports went up 50% in 2017 from the prior year on the back of increased production from its filling and packaging production lines commissioned last year. (more…)

Molasses shortage looms

MOLASSES procurement by stockfeed manufacturers on the local market has tumbled from a peak of 1 474 metric tonnes per month in 2015 to 774 metric tonnes per month in 2017, […]

Business to meet Kagonye, Mangudya

CAPTAINS of industry will meet Labour minister Petronella Kagonye as well as Reserve Bank Governor John Mangudya next month which will help them to strategise going forward, businessdigest has learnt.

Fidelity pays US$2,9m to small-scale miners

FIDELITY Printers and Refiners (FPR) says it has paid in excess of US$2,9 million in the last five months to December 2017 to small-scale miners under the Export Incentive Scheme, […]

Meikles Hotel occupancy increases 5% — Munjoma

THE hoteling sector has faced many challenges, including foreign currency shortages and burdensome taxes. However, hope springs eternal following the recent change in government. Business reporter Kudzai Kuwaza (KK) spoke […]

Unilever set to resume exports

UNILEVER Zimbabwe is considering resuming exports into the southern Africa region as capacity utilisation is expected to double to 70% following the installation of a new plant, says a company […]

Nampak’s future hangs in the balance

The future of packaging manufacturer Nampak Zimbabwe (pictured) is hanging in the balance as the group is struggling to repay its shareholder and funder Nampak Holdings Pvt (Ltd) a huge […]

Mangudya in bid to woo investment

CENTRAL bank chief John Mangudya this week left interest rates unchanged but moved to mop up excess liquidity in the market through the issuance of government paper through open market […]

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