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No industry budgetary support: EU

HARARE – THE European Union (EU) says it has no plans to extend budgetary support to Zimbabwe’s stuttering industry. Aldo Dell’ Ariccia, the union’s head…

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Innscor scales down bakeries

HARARE – Listed diversified group, Innscor Africa Limited (Innscor), is scaling down its bakeries due to depressed demand in the retail sector….

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Implats pins hopes on Zimplats

HARARE – Impala Platinum Holdings (Implats) says its Zimbabwean operation, Zimplats, is set to spur the group’s growth forecasts despite economic and…

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Lafarge misses revenue target

HARARE – Lafarge Cement Zimbabwe (Lafarge) missed its $90 million revenue target by 24,8 percent to record $67,6 million in the year…

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Bakers fall on hard times

HARARE – Zimbabwean bakers are financially distressed with most of them producing at way below capacity, the National Bakers Association of Zimbabwe…

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