Lafarge has budgeted US$25 million for its expansion project which will double capacity by year-end 2022. The expansion plan kicked off this morning at a ground-breaking ceremony for a Dry Morta...
MANUFACTURING sector capacity utilisation is projected to drop to about 30 percent this year from 48 percent in 2018 due to negative macro-economic factors that hit Zimbabwe since January, the Confede...
THE country's manufacturing sector capacity utilisation is set to exceed 50 percent this year on the back of gains achieved in the last two years, with more positive prospects under the new political ...
Zimbabwean opposition parties lack organisational capacity to seriously challenge President Emmerson Mnangagwa and his Zanu-PF party in the looming July 30 elections, analysts said.With reports that t...
INVESTOR confidence under the new Government administration is continuing to grow with most industries in the Midlands province now operating at 85 percent.In his welcome remarks during President Mnan...
ZIMBABWE Institution of Engineers (ZIE) chief executive officer, Sanzan Diarra says the government on its own cannot tackle the country's infrastructural development challenges.Speaking to NewsDay yes...
Leased equipment from Transnet has stabilised the National Railways of Zimbabwe (NRZ)'s operational capacity, enabling the parastatal to reach a peak in its operations.President Emmerson Mnangagwa in ...
Zimbabwe lacks capacity to issue sovereign bonds for its Sovereign Wealth Fund at the moment, a regional think-tank has warned, following a government announcement on launch of the fund shortly impend...
THE country's biggest gold producer, Metallon Corporation says it wants four of its mining operations in Zimbabwe to reach their full production capacities this year.Metallon owns How Mine, Mazowe, Re...
THE National Railways of Zimbabwe (NRZ) has realised a capacity increase of at least 30% from the time it received the first batch of wagons and locomotives from the Diaspora Infrastructure Developmen...
BULAWAYO industries have set a target of 60 percent capacity utilisation by the end of this year and require $200 000 in foreign currency weekly to fully fund their operations.Confederation of Zimbabw...
BULAWAYO industries have set a target of 60 percent capacity utilisation by the end of this year and require $200 000 in foreign currency weekly to fully fund their operations.Confederation of Zimbabw...
VICTORIA Falls International Airport's capacity utilisation has risen from 21 to 26 percent recently while tourism players recorded a 20 percent boom in business owing to consistency by airlines in se...
THE Confederation of Zimbabwe Industries (CZI) has projected capacity utilisation to increase to 48% in 2018 from 45,1% as companies continue to invest in growing their businesses, businessdigest has ...
MEALIE Brand, a division of the Zimbabwe Stock Exchange-listed Zimplow, has increased its capacity utilisation from 50 percent to 80 percent on the back of a good agricultural season the country exper...
GWERU-BASED poultry producer Fairhill Chickens will this year increase its slaughtering capacity by 150 percent to 30 000 birds daily driven by a new abattoir set to be commissioned in the first quart...
CAPACITY utilisation in the meat processing sector has shrunk to 30% from 60% in July owing to mounting production costs and challenges to procure raw materials, the latest update released by the indu...
Zimbabwe is living from hand to mouth and has no capacity to build foreign currency reserves from export earnings, Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya has said.Mangudya last week sa...
SHEPCO Group's bolt manufacturing division - Shepco BMA Fasteners - seeks to increase its capacity utilisation by 19,3% by December this year as it continues consolidating its market share, an officia...
The government and industry have been called upon to increase their synergies on value addition as a strategy to enhance capacity utilisation which currently stands at 47 percent.The Confederation of ...
Zimbabwe's largest platinum miner, Zimplats has recorded impressive strides on its productive capacity at a record 6.4 million tonnes per annum as the firm focuses on volumes to hedge against subdued...
THE cooking oil industry is operating at between 50 and 60% of capacity following import restrictions imposed by government in the past three years, an industry official has said.Oil Expressers Associ...
Government created the economic mess currently being experienced in the country and is lacking capacity to turn around the country's economic fortunes, an economist has said.Brains Muchemwa, a renowne...
THE banking sector has no capacity to meet financial requirements for the mining industry due to the liquidity crunch facing the economy, the Bankers Association of Zimbabwe president, Sam Malaba, sai...
Liquid Telecom, a leading data, voice and IP provider in Africa, is increasing VSAT (Very Small Aperture Terminal) capacity across the continent as demand continues to go up.In a statement, the compan...