Silo Foods Industries is now buying maize and small grain from farmers at RTGS$4 000 per tonne, representing a 90.47% increase from RTGS$2 100 being offered by its parent Grain Marketing Board (GMB).&...
By Staff reporter | Published: 02 October 2019
National Foods Limited will this week re-open its Mutare maize milling plant as it seeks to meet the growing demand of maize meal, a senior official said yesterday. The plant with capacity to mill 9 4...
By Staff reporter | Published: 08 January 2019
INDUSTRY minister Mangaliso Ndhlovu says the flour milling arm of National Foods will not close shop after government addressed the concerns brought by the company, which had warned of imminent closur...
By Staff reporter | Published: 07 December 2018
ONE of the biggest millers in the country, National Foods Limited (NFL) says it will today switch off its wheat milling machines, citing non-payment of its foreign suppliers, with the country facing p...
By Staff reporter | Published: 05 December 2018
NATIONAL Foods will, this month, launch its new product - Mixed Grain - as it seeks to consolidate its position in the local market.National Foods sales manager, Sarudzai Muzorori told Southern Eye th...
By Staff reporter | Published: 08 May 2018
BLUE Ribbon Foods (BRI), a subsidiary of Tanzania's Bakhresa Group, is set to commission its new US$5 million plant in August this year, businessdigest has learnt.Blue Ribbon's head of human resources...
By Staff reporter | Published: 29 March 2018
NATIONAL Foods Holdings Limited board chairman, Todd Moyo, has expressed concern over the Grain Marketing Board's (GMB) participation in the local commercial maize meal market.National Foods last week...
By Staff reporter | Published: 22 March 2018
NATIONAL Foods Limited will within the next six months dispose of properties valued at $3.7 million that are non-core to the business comprising buildings and land.Board chair, Mr Todd Moyo, said this...
By Staff reporter | Published: 19 March 2018
Zimbabwe Stock Exchange-listed grain and cereals milling giant, National Foods Limited, says it has invested a cumulative $36 million towards process improvements to enhance operational efficiencies s...
By Staff reporter | Published: 19 January 2018
Cairns Foods says it is eyeing the regional export market by year 2019 and 2020 as it seeks to boost its revenue streams and foreign currency earnings.Chief executive Nancy Guzha told exporters at a Z...
By Staff reporter | Published: 20 October 2017
NATIONAL Foods is ready to adopt and roll out government's food fortification initiative as soon as it gets the nod from relevant authorities, a top company official has said.Speaking on the sidelines...
By Staff reporter | Published: 16 October 2017
NATIONAL Foods Holdings Ltd (Natfoods) has been negatively affected by the high price offered by the Grain Marketing Board (GMB) for maize, seeing its profit reduced to $13,7 million in the financial ...
By Staff reporter | Published: 02 October 2017
A former employee of agro-processing company Cairns Foods Limited, won an award of more than $2,6 million after he was wrongly fired from employment 25 years ago.Mr Stanford Selemani suffered a mental...
By Staff reporter | Published: 14 August 2017
Innscor Africa Limited's plans to merge partial subsidiary companies, NatFoods and Profeeds are under threat following recommendations adopted by the Competition and Tariff Commission to block the dea...
By Staff reporter | Published: 28 July 2017
NATIONAL Foods says milling volumes especially in the southern region are depressed due to the high volume of imports."We are making every effort to compete, however, our milling volumes in the southe...
By Business Reporter | Published: 04 June 2014
ZSE-listed CFI Holdings is in talks with a local private equity fund over a possible investment into its stock feeds unit, Agrifoods.Well placed sources told The Herald Business that negotiations betw...
By Staff reporter | Published: 10 April 2014
Zimbabwe Stock Exchange listed firm National Foods Holdings Ltd says it will invest $5,3 million for capital expenditure projects to boost capacity.In a statement accompanying the financial results fo...
By Staff reporter | Published: 06 March 2014
Competition in the fast food retail business is intensifying as established brands aggressively roll out branch network expansion projects. New players in the fast food business are adopting innovativ...
By Staff reporter | Published: 27 January 2014
Zimbabwe Stock Exchange listed grain processor, National Foods, yesterday reopened its Mutare Maize mill to complement operations at the Harare and Bulawayo plants in order to meet increased demand.T...
By Staff reporter | Published: 21 January 2014
In a trading update the National Foods Limited CEO, Mr. Jerome Brookes highlighted that the first four months of trading has shown that turnover was up on prior year but profitability was lower due t...
By Staff reporter | Published: 13 November 2013
Zimbabwe Stock Exchange listed grain processor and miller National Foods Holdings Limited shareholders have approved the group's plan to buy back at least 10 percent of its issued ordinary shares.The ...
By Staff reporter | Published: 12 November 2013
NATIONAL Foods Holdings Limited has registered a 29 percent compounded annual growth in underlying profit before tax over the last five years due, it believes, to the strength of its strategies and a ...
By Business Reporter | Published: 29 October 2013
FAST moving consumer goods company Cairns Foods Ltd is on the verge of concluding a deal which will see a South African investor acquiring a majority stake in the Zimbabwean firm, businessdigest repor...
By businessdigest | Published: 25 October 2013
National Foods is introducing new varieties of its premium brand of rice, Mahatma rice, which should appeal to those who enjoy a fragrant rice. It is packaging them in re-sealable packets, which will...
By Staff reporter | Published: 02 October 2013
Zimbabwe Stock Exchange (ZSE) listed diversified conglomerate, National Foods says it is set to inject close to $7 million on capital expenditure as part of efforts to improve the operations of the ma...
By Staff reporter | Published: 06 September 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
