INDUSTRIALS & ENERGY

Indian firm to set up $40 million textile plant in Bulawayo

ONE of India's biggest and international acclaimed textile firms Shreejikrupa Spinners is considering investing over $40 million towards setting up a plant in Bulawayo soon.Industry and Commerce Deput...

By Staff reporter | Published: 23 December 2018

BUSINESS NEWS

Indonesia keen on Zim textile sector

INVESTORS from Indonesia have expressed readiness to tap into opportunities offered in the revival of Zimbabwe's textile manufacturing sector, an official has said.The increase in cotton production un...

By Staff reporter | Published: 19 October 2017

BUSINESS NEWS

Textile Mills exits judicial management

ONE of the oldest textile companies in Bulawayo, Textile Mills, has come out of judicial management after its creditors approved a scheme of arrangement to recapitalise the company, an official has sa...

By Staff reporter | Published: 16 August 2017

INDUSTRIALS & ENERGY

Influx of secondhand clothes chokes textile industry

SECONDHAND clothing continues to flood the Zimbabwean market, taking a significant share of the clothing market and leaving local manufacturers teetering on the brink of collapse, an industry official...

By Staff reporter | Published: 12 July 2017

INDUSTRIALS & ENERGY

Textile industry needs $200m to recapitalise

ZIMBABWE'S textile industry needs at least $200 million in the short to medium term to recapitalise, according to a latest study on the country's cotton and clothing industry. About $50 million is req...

By Martin Kadzere | Published: 10 July 2014

INDUSTRIALS & ENERGY

Lifeline for David Whitehead Textiles

DAVID Whitehead Holdings has been saved from liquidation after the High Court granted a final judicial management order for the company. Knowledge Hofisi of Aurifin Capital has been confirmed the fina...

By Staff reporter | Published: 08 April 2014

INDUSTRIALS & ENERGY

Karina Textiles liquidated

THE application for the liquidation of the country's sole manufacturer of knitting yarn, Karina Textiles (Pvt) Ltd was approved last Thursday. Karina Textiles shareholders had applied for liquidation ...

By Staff reporter | Published: 12 December 2013

INDUSTRIALS & ENERGY

Zim textile industry on the brink of collapse

ZIMBABWE’S textile industry, which at its prime was one of the major employers in the country, is on the brink of collapse as fears mount over the closure of more textile firms. While other sub-sec...

By Business Reporter | Published: 28 November 2013

BUSINESS NEWS

Bulawayo textiles sector collapses

MORE than 10 big companies in the clothing industry in Bulawayo have closed shop in the last few years, as challenges affecting the sector continue unabated, the National Union of the Clothing Industr...

By Staff reporter | Published: 02 September 2013

ZIMBABWE

Chinese imports killing Zimbabwe's textile industry - video

Cheap imported clothes from China, as well as clothes donated to charities which find their way to markets, are taking a heavy toll on Zimbabwe s once proud textiles industry.http://www.youtube.com/...

By AFP | Published: 10 June 2013
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