INDUSTRIALS & ENERGY

General Beltings back in red

GENERAL Beltings (GB) has slipped back into the red after registering an operating loss of $323 000 in the year to December 2018 against a prior year operating profit of $6 000 due to high finance cos...

By Staff reporter | Published: 02 May 2019
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INDUSTRIALS & ENERGY

General Beltings seeks $2 million to recapitalise

THE country's sole manufacturer of conveyor belts, General Beltings Holdings needs about $2 million to recapitalise its operations to fortify its surge towards profitability and robust growth.General ...

By Staff reporter | Published: 08 July 2018
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INDUSTRIALS & ENERGY

General Beltings' revenue up 23%

THE country's leading manufacturer of conveyor belts - General Beltings Holdings' revenue for the five months to May 2018 grew 23 percent on increased volumes across board.In a trading update volumes ...

By Staff reporter | Published: 28 June 2018
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INDUSTRIALS & ENERGY

General Beltings cries foul

GENERAL Beltings, the leading manufacturer of conveyor and other belts, says its performance in the first quarter of 2018 was deeply subdued as the Industry, Commerce and Enterprise Development minist...

By Staff reporter | Published: 24 June 2018
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INDUSTRIALS & ENERGY

General Beltings in the red

General Beltings Holdings, facing a going concern problems, incurred loss after tax of $254 230 resulting in an accumulated loss of $3,787 million in the half year to June 2017.The conveyor belts manu...

By Staff reporter | Published: 29 September 2017
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INDUSTRIALS & ENERGY

General Belting's turnover up 47%

Listed conveyor belts maker General Beltings has recorded a 47 percent upturn in turnover for the first five month of the year, on the back of a Government initiative last year to protect a number of ...

By Tawanda Musarurwa | Published: 24 June 2015
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INDUSTRIALS & ENERGY

General Beltings records 36 percent decline

CHEAP imports, which pay zero percent duty and a poor performance by General Beltings have combined to put pressure on Zimbabwe Stock Exchange-listed GB Holdings' performance.Performance in the year t...

By Staff reporter | Published: 30 June 2014
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INDUSTRIALS & ENERGY

General Beltings to acquire new plant

General Beltings Limited plans to acquire a $3 million steel cord conveyor belt manufacturing plant as the company angles to increase its market share that is being threatened by the influx of cheap i...

By Staff reporter | Published: 31 March 2014
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INDUSTRIALS & ENERGY

General Beltings fails to turn around

Conveyor belt manufacturer, General Beltings Holdings (GBH) said on Tuesday it failed to return to profitability despite accessing $1 million from the Distressed and Marginalised Areas Fund (Dimaf) to...

By Staff reporter | Published: 25 September 2013
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