INDUSTRIALS & ENERGY

Lobel's Bread takes over Plaza Bread

Lobel's Bread has taken over Kwekwe-based Plaza Bread in a development that is set to create more than 100 jobs, an official from one of the country's biggest bakers has confirmed.Lobel's Bread has si...

By Staff reporter | Published: 01 February 2018
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INDUSTRIALS & ENERGY

Ex-Lobels boss joins Innscor

Former Lobels chief executive - Ngoni Mazango - has joined rivals Innscor Africa Limited (Innscor) as chief operating officer for its bakery division, Business Live has established.Mazango, a seasoned...

By Staff reporter | Published: 21 June 2015
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INDUSTRIALS & ENERGY

Lobels courts three investors

The Commercial Bank of Zimbabwe (CBZ), which is the current majority shareholder in bread maker, Lobels says about three investors have expressed interest to buy the company.CBZ Group chief executive...

By Staff reporter | Published: 04 March 2014
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INDUSTRIALS & ENERGY

Lobels seeks funds abroad for further expansion

One of Zimbabwe's major bakeries, Lobels Bread Holdings, has seen bread production at its Harare plant going up 20% to 250 000 loaves a day after the successful installation of $5.8 million semi-autom...

By Staff reporter | Published: 27 January 2014
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INDUSTRIALS & ENERGY

Lobel's accused of failing to pay contractors

TRUCK owners contracted by Lobel's Bread to deliver bread in Bulawayo are alleging that the firm has gone for two months without paying them for their services. Some of the contractors who preferred n...

By Business Reporter | Published: 29 November 2013
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