Published: 30 June 2013

Zimpapers has acquired a highly digitalised and more efficient printing press, Orient X-Cel, from India for $2.5 million.

Zimpapers CEO Justin Mutasa told Zimpapers AGM this afternoon that the printing press was financed by both debt and equity and the installation of the new printing press is expected in the next few weeks.
 
The new printing press is expected to improve quality, capacity utilisation and efficiency to the operations of the group.
 
The printing press can print 10 000 copies in 10 minutes and Mutasa said this will lead to some job losses as they have 27 workers whilst the machine only needs 4 workers.
 
"For example at our Harare printing press where we have 27 workers we would only need 4. The printing press will reduce labour by about half," Mutasa said.

- news

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