Home / Africa / Zimbabwe

Zimbabwe

The effects of ”lights off” for the retail industry

As we flip flop between candles powering up and diesel drumming to a now common beat – with the longest run of loadshedding in South Africa recently under our belts – the massive impact this has had on business has been nothing less than debilitating leaving our economy in a …

Read More »

SPAR Athienitis Reopens in Zimbabwe Following Extensive Upgrade

SPAR Athienitis, situated in the Fife Avenue shopping centre in Harare, Zimbabwe, has reopened its doors after extensive renovations. The new-look SPAR Supermarket boasts wider shopping aisles, an increased range, and a new gifting and home décor section The store has undergone a significant transformation, with an increase of 600m2 …

Read More »

Nestlé Appoints Luke Gomes as Cluster Head for Greater Zambezi Region

As the new cluster head for the Greater Zambezi region, Gomes brings 35 years of professional and managerial experience at Nestl Nestlé has appointed Luke Gomes as the new Cluster Head for the Greater Zambezi region, one of three clusters within Nestlé East and Southern Africa Region (ESAR). The cluster …

Read More »

SPAR Zimbabwe Promotes Recycling Awareness with Shopping Bag Made from Recycled Milk Cartons

SPAR Zimbabwe has again committed to finding alternatives to single-use plastic carrier bags by offering a recyclable SPAR carrier bag made from recycled SPAR UHT Milk cartons, produced entirely by hand by the Clean Marondera group. Clean Marondera (CM) is a community-based voluntary organisation working with the Zimbabwe Environmental Management …

Read More »

Nampak Announces Results for the 12 Months to 30 September 2021

Highlights Revenue up 24% to R14bn Operating profit before net impairment losses up >100% to R1.2bn Trading profit up 109% to R1.4bn Cash generated from operations before working capital up 133% to R1.7bn Earnings of 32.1cps and headline earnings of 62.3cps, both up >100% Net debt:EBITDA 2.74 times; EBITDA:interest 4.79 …

Read More »

Nestlé Zimbabwe Driving Agripreneurship to Foster Sustainability in Dairy Farming

Nestlé Zimbabwe joins the rest of the world in celebrating World Milk Day. The benefits of milk and dairy go beyond its richness in nutritional quality. Dairy worldwide supports the livelihoods of millions of people. At Nestlé, we unlock the power of food to enhance the quality of life for …

Read More »

SPAR Zimbabwe Celebrates Ten Years of Promoting Local with National Campaign

SPAR Zimbabwe has celebrated its ten-year participation in the national Buy Zimbabwe campaign with instore promotions of local goods. Zimbabwe has a rich heritage of manufacturing, along with a wealth of creative, hardworking people who believe in working together for the greater good – in line with SPAR’s ethos of …

Read More »

South African Manufacturer KAS Africa Secures $10 Million Investment

Million-dollar manufacturing deal aims to drive industrialisation and economic growth across Africa KAS Africa, a leading contract manufacturer of personal, home, baby and oral care FMCG products, has received an investment with an aggregate value of $10 million from TRT Investments Limited. The transaction significantly strengthens KAS Africa’s balance sheet …

Read More »

Chicken Tariff Increases Affect Consumers Negatively in Their Pockets

When poultry import tariffs were introduced in 2020, the South African National Consumer Union warned that these tariffs would push up chicken prices – a prediction that has come true. A bag of Individual Quick Frozen (IQF) chicken portions has risen from R63.87 to R77.61 – an increase of 9% …

Read More »