BUSINESS NEWS

Revived Border Timbers seeks fresh start

BORDER Timbers judicial manager, Peter Bailey, said he would approach the High Court of Zimbabwe for the company to be removed from judicial management, as negotiations with one of the major creditors...

By Staff reporter | Published: 09 April 2018

INDUSTRIALS & ENERGY

Allied Timbers eyes $30m loan deal

Allied Timbers Zimbabwe is close to sealing a vendor finance transaction with Belarus that will see the country's largest timber company receiving equipment worth $30 million. The deal, likely to be c...

By Staff reporter | Published: 29 January 2018

LANDS & AGRICULTURE

Allied Timbers board and management at loggerheads

The appointment of State owned Allied Timbers Zimbabwe chief executive Daniel Sithole has been thrown under the spotlight amid revelations he was thrust to the helm of Zimbabwe's largest timber proces...

By Staff reporter | Published: 29 September 2017

LANDS & AGRICULTURE

Allied Timbers diversifies into fruit trees

ALLIED Timbers Zimbabwe is diversifying into fruit tree production as it seeks to add revenue streams and ensure optimum usage of its vast tracts of land, an official has said.Allied, wholly owned by ...

By Staff reporter | Published: 18 September 2017

LANDS & AGRICULTURE

Border Timbers shares finally settled on CSD

Border Timbers' shares were yesterday registered on the Central Securities Depository, becoming the last listed counter to do so, two years after the Zimbabwe Stock Exchange automated."Shareholders, c...

By Staff reporter | Published: 22 August 2017

BUSINESS NEWS

Timber exports to grow 19%

Zimbabwe timber exports are expected to grow 19 percent this year despite most of the products being fairly expensive on regional markets. Zimbabwe is expected to earn $25 million in export revenue fr...

By Staff reporter | Published: 22 August 2017

LANDS & AGRICULTURE

Border Timbers in CSD debut

Zimbabwe Stock Exchange-listed agro-industrial concern, Border Timbers, is set to make its debut on the Central Securities Depository (CSD) next week.The CSD system maintains securities in electronic ...

By Staff reporter | Published: 15 August 2017

LANDS & AGRICULTURE

Chinese firm to harvest timber in Lupane

KUSILE Rural District Council (KRDC) in Matabeleland North has courted a Chinese firm, Fazhao Investment to harvest and process timber in the area.KRDC chief executive officer, Mr Christopher Chuma, s...

By Staff reporter | Published: 04 July 2017

LANDS & AGRICULTURE

Timber Producers Federation forms workers' association

The Timber Producers Federation (TPF) is expanding by launching the Timber Producers Association (TPA) which will represent the interests of workers in the timber industry.According to a TPF official,...

By Staff reporter | Published: 13 May 2014

LANDS & AGRICULTURE

Border Timbers in bid to restructure balance sheet

BORDER Timbers, a forestry and timber processing company is looking at ways to restructure its balance sheet to further reduce finance costs and obtain improved tenures aligned to the cycle of its bus...

By Staff reporter | Published: 02 April 2014

INDUSTRIALS & ENERGY

Allied Timbers closes Botswana unit

Allied Timbers Holdings has closed its Botswana business due to the fall in demand of roofing timber material in that country and has instead set sights on the Zambian market, a senior official said y...

By Staff reporter | Published: 27 February 2014

INDUSTRIALS & ENERGY

Border Timbers hit by liquidity crunch

Border Timbers' Deputy Chairman Heinrich von Pezold told the AGM this morning that Border is exporting product to regional markets to sidestep the effects of problems in its most profitable market, Zi...

By Staff reporter | Published: 20 November 2013

LANDS & AGRICULTURE

Border Timbers in bid to reduce costs

Timber processor Border Timbers is critically examining all aspects of its business to reduce costs and turnaround its fortunes in the wake of declining profits.The timber producer and processor saw p...

By Staff reporter | Published: 12 November 2013

LANDS & AGRICULTURE

Border Timbers has lost nearly 10,000ha of plantations to fire since 2000

Listed forestry group Border Timbers Limited (Border) says it has lost nearly 10 000 hectares of its plantations worth millions of dollars to fire since year 2000.The group reported that it lost 133 h...

By Staff reporter | Published: 02 October 2013

LANDS & AGRICULTURE

Border Timbers profits decline

Timber producer Border Timbers recorded a $1,2 million in profits for the year ending June 30, 2013 representing a 35 percent decline from the same period last year.The decline in profit came on the b...

By Staff reporter | Published: 27 September 2013

BUSINESS NEWS

Zimbabwe Timber sales grow

Zimbabwe's national timber sales volumes surged 44.5% to 267 888 cubic metres for the year ended December 2012 due to increased demand in both local and export sales, latest industry statistics show. ...

By Business reporter | Published: 14 August 2013
Pages:
1

Latest News

Latest Published Reports

Latest jobs