INDUSTRIALS & ENERGY

Natfoods ploughs $36m into capex

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
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LANDS & AGRICULTURE

SeedCo in $3.5m capex increase

LEADING seed manufacturer SeedCo increased its capital expenditure by 9.4 percent to $3.5 million during the half-year ended September 30, 2017 compared to $3.2 million during the corresponding period...

By Staff reporter | Published: 28 November 2017
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INDUSTRIALS & ENERGY

Delta plans $50m capex

Beverages manufacturer Delta Corporation, (Delta), plans to spend nearly $50 million in capital projects aimed at buttressing its operating capacity.Matts Valela, Delta financial director told busines...

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

Dairibord plans $10m capex

Listed milk-processor Dairibord Holdings Limited (Dairibord) says it plans to invest $10 million in capital expenditure this year to boost operational efficiencies.Dairibord chief executive, Anthony M...

By Staff reporter | Published: 07 June 2015
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MINING & RETAIL

PPC raises Zimbabwe capex to $280m

PRETORIA Portland Cement, Zimbabwe's largest cement firm, has raised its capital spending budget on expansion projects to about $280 million, a senior company official said.Chief executive Mr Ketso Go...

By Enia Nyakudzambara | Published: 26 May 2014
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TELECOMS & TECHNOLOGY

Local firms lose out on Econet's $1,2bn capex

Indigenous companies have benefited little from Econet Wireless' $1,2 billion capital expenditure on procurement of network equipment because they do not have capacity to supply and meet expected qua...

By Staff reporter | Published: 26 May 2014
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INDUSTRIALS & ENERGY

National Foods to invest $5m on capex

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
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