INDUSTRIALS & ENERGY

Sachikonye appointed Dairibord chairperson

Dairiboard Holdings Limited (DHL) has announced the appointment of Josphat Sachikonye as its new chairperson, effective last Wednesday.He takes over from former Reserve Bank of Zimbabwe (RBZ) governor...

By Staff reporter | Published: 21 May 2018

INDUSTRIALS & ENERGY

Dairibord revenue growth up 17%

DAIRIBORD Holdings Limited has appointed Mr Josphat Sachikonye as new board chairman replacing Dr Leonard Tsumba who retired five days ago after serving the company for the past six years.In a stateme...

By Staff reporter | Published: 21 May 2018

INDUSTRIALS & ENERGY

Dairibord revenue up 17% in Q1

Dairy and food processor, Dairibord Holdings' performance in the four months to April was above the same period last year with revenue growth at 17 percent ahead of prior year.In a trading update to s...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

Dairibord boss faces assault charges

Dairibord Zimbabwe chief executive officer, Antony Mandiwanza appeared at the Harare Magistrates' Court yesterday facing charges of assaulting his private security guard at his residence using a rifle...

By Staff reporter | Published: 04 May 2018

INDUSTRIALS & ENERGY

Dairibord speaks on outbreak of listeriosis

A unit of the Zimbabwe Stock Exchange (ZSE) listed Dairibord Holdings Limited (DHL) has issued a statement assuring its stakeholders that its products are safe for human consumption.This follows the o...

By Staff reporter | Published: 19 March 2018

INDUSTRIALS & ENERGY

Dairibord mulls Malawi business closure

Milk processor, Dairibord Holdings Limited, will make a decision on the fate of its Malawi division in the next six months after the unit continued on a perennial loss making path.Finance director Mer...

By Staff reporter | Published: 19 March 2018

INDUSTRIALS & ENERGY

Dairibord's configuring work 70% complete

Dairibord has completed 70 percent of the work around configuring its business model to a much learner structure, financial director Mercy Ndoro has said.Responding to emailed questions, Ms Ndoro sai...

By Staff reporter | Published: 24 August 2017

LANDS & AGRICULTURE

Dairibord need a deep staff rationalisation exercise

Dairibord Holdings Limited released a mixed set of numbers showing a 5.1% growth in revenue and an attributable loss of $0.8m. The overall operating performance improved from an operating loss of $2.1...

By Staff reporter | Published: 10 August 2017

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

LANDS & AGRICULTURE

Dairiboard targets 25% market share

DAIRIBORD Zimbabwe targets to capture 25 percent of the traditional beverages market share by December spurred on by its new traditional Pfuko/Udiwo maheu product, a senior official has said. DZPL man...

By Staff reporter | Published: 24 June 2014

LANDS & AGRICULTURE

Dairibord unveils new product line

Dairibord Zimbabwe Limited has unveiled a new product line to exploit an opportunity identified in the market and to increase the contribution of non-milk products to the group.The new product called ...

By Business Reporter | Published: 28 May 2014

INDUSTRIALS & ENERGY

Dairibord rolls out new plants

Dairibord Holdings will commission five new plants this year under a $10 million capital expenditure programme to grow its revenues and cut down costs to overturn the loss suffered in the year to Dec...

By Staff reporter | Published: 26 May 2014

LANDS & AGRICULTURE

Dairibord in plant closure

Listed Dairibord Holdings Limited (Dairibord) plans to shut down its Gweru plant as part of strategies to contain costs and rationalise operations.This comes as the milk processor last year closed its...

By Staff reporter | Published: 26 March 2014

LANDS & AGRICULTURE

Dairibord top line seen flat

FINANCIAL analysts foresee dairy processor Dairibord Holdings' revenue remaining almost flat around $108 million this year following slow growth in its top line during the first half of its financial ...

By Staff reporter | Published: 18 September 2013

LANDS & AGRICULTURE

Dairibord Holdings' core earnings fall

DAIRIBORD Holdings' core earnings fell 170 percent in the six months to June this year due to unusually high costs, including retrenchment packages and relocation of machinery. One of the country's l...

By Business Reporter | Published: 29 August 2013

LANDS & AGRICULTURE

Dairiboard takes Buscod to court over $5 000 debt

DAIRIBORD Zimbabwe has dragged to court the now defunct Buscod Supermarket for failing to pay close to $5 000 being money for goods it bought on credit.Buscod Supermarket, a subsidiary of Humble Tradi...

By Court Reporter | Published: 12 August 2013

LANDS & AGRICULTURE

Dairibord seeks to replace outdated milk machine

Dairibord will spend $600 000 to procure a new ultra-high temperature (UHT) milk machine from Finland, which is expected to boost production capacity.Dairibord COO Themba Mutsvairo told an investors ...

By Financial Express | Published: 10 June 2013

LANDS & AGRICULTURE

Dairibord completes the rationalisation programme

DZLH has completed the process of rationalisation and the group resumed normal production in April, group CEO Anthony Mandiwanza told the AGM this morning. "The rationalisation programme which...

By Business reporter | Published: 10 June 2013

LANDS & AGRICULTURE

Dairibord to import at least 250 heifers

DAIRIBORD Zimbabwe is targeting to import at least 250 heifers this year for distribution to farmers as part of efforts to increase milk production in the country.Dairibord introduced the scheme las...

By Staff reporter | Published: 10 June 2013

LANDS & AGRICULTURE

Dairibord not pulling out its investment in Malawi despite profits decline

The Dairibord Zimbabwe Limited (DZL) has said it is not pulling out its investment in Malawi despite recording a 41 percent decline in profitability on the Malawi market.DZL investment recorded the...

By Staff Reporter | Published: 10 June 2013

LANDS & AGRICULTURE

Dairibord rationalising its operations to make the group leaner

Dairibord will focus on rationalisation of operations, group chief executive Anthony Mandiwanza told an analyst briefing yesterday."The rationalisation of operations which we intend to undertake is...

By Business reporter | Published: 10 June 2013

LANDS & AGRICULTURE

Dairibord relocating equipment from its Bulawayo factory to other cities

ONE of the country's biggest manufacturer and marketer of food and beverage products Dairibord Holdings Limited is relocating equipment from its Bulawayo factory to other cities citing viability cha...

By Stff reporter | Published: 10 June 2013
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