BUSINESS NEWS

Blue Ribbon Foods to commission plant

BLUE Ribbon Foods (BRI), a subsidiary of Tanzania's Bakhresa Group, is set to commission its new US$5 million plant in August this year, businessdigest has learnt.Blue Ribbon's head of human resources...

By Staff reporter | Published: 29 March 2018
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INDUSTRIALS & ENERGY

Blue Ribbon to revive bakeries

FAST-MOVING consumer goods producer, Blue Ribbon Foods, says it is planning to revive its closed bakeries, which succumbed to a deteriorating economy.More than 150 of the 250 bakeries that used to ope...

By Staff reporter | Published: 08 March 2018
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INDUSTRIALS & ENERGY

Blue Ribbon to diversify into beverages

Grain milling company, Blue Ribbon Foods Limited says it is working on diversifying into beverages manufacturing, as investor confidence in the country continues to grow. The project is expected to cr...

By Staff reporter | Published: 01 March 2018
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INDUSTRIALS & ENERGY

Blue Ribbon resumes operations

Blue Ribbon Foods resumed operations on the maize line last week after securing a supply agreement for raw materials with a Mutare-based company. A source familiar with the development said operations...

By Staff reporter | Published: 14 June 2014
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INDUSTRIALS & ENERGY

Blue Ribbon seals fresh capital deal

Blue Ribbon has concluded negotiations with Tanzanian grain miller Bakhresa Group in a deal that could result in the injection of $40 million in fresh capital. Sources privy to developments said nego...

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

Blue Ribbon needs $40 million rescue capital

Blue Ribbon Industries requires as much as $40 million to bring the grain milling and processing company back to viability, judicial manager Reggie Saruchera has said. Saruchera said in an inter...

By Staff reporter | Published: 26 February 2014
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