BORDER Timbers judicial manager, Peter Bailey, said he would approach the High Court of Zimbabwe for the company to be removed from judicial management, as negotiations with one of the major creditors...
Allied Timbers Zimbabwe is close to sealing a vendor finance transaction with Belarus that will see the country's largest timber company receiving equipment worth $30 million. The deal, likely to be c...
The appointment of State owned Allied Timbers Zimbabwe chief executive Daniel Sithole has been thrown under the spotlight amid revelations he was thrust to the helm of Zimbabwe's largest timber proces...
ALLIED Timbers Zimbabwe is diversifying into fruit tree production as it seeks to add revenue streams and ensure optimum usage of its vast tracts of land, an official has said.Allied, wholly owned by ...
Border Timbers' shares were yesterday registered on the Central Securities Depository, becoming the last listed counter to do so, two years after the Zimbabwe Stock Exchange automated."Shareholders, c...
Zimbabwe timber exports are expected to grow 19 percent this year despite most of the products being fairly expensive on regional markets. Zimbabwe is expected to earn $25 million in export revenue fr...
Zimbabwe Stock Exchange-listed agro-industrial concern, Border Timbers, is set to make its debut on the Central Securities Depository (CSD) next week.The CSD system maintains securities in electronic ...
KUSILE Rural District Council (KRDC) in Matabeleland North has courted a Chinese firm, Fazhao Investment to harvest and process timber in the area.KRDC chief executive officer, Mr Christopher Chuma, s...
The Timber Producers Federation (TPF) is expanding by launching the Timber Producers Association (TPA) which will represent the interests of workers in the timber industry.According to a TPF official,...
BORDER Timbers, a forestry and timber processing company is looking at ways to restructure its balance sheet to further reduce finance costs and obtain improved tenures aligned to the cycle of its bus...
Allied Timbers Holdings has closed its Botswana business due to the fall in demand of roofing timber material in that country and has instead set sights on the Zambian market, a senior official said y...
Border Timbers' Deputy Chairman Heinrich von Pezold told the AGM this morning that Border is exporting product to regional markets to sidestep the effects of problems in its most profitable market, Zi...
Timber processor Border Timbers is critically examining all aspects of its business to reduce costs and turnaround its fortunes in the wake of declining profits.The timber producer and processor saw p...
Listed forestry group Border Timbers Limited (Border) says it has lost nearly 10 000 hectares of its plantations worth millions of dollars to fire since year 2000.The group reported that it lost 133 h...
Timber producer Border Timbers recorded a $1,2 million in profits for the year ending June 30, 2013 representing a 35 percent decline from the same period last year.The decline in profit came on the b...
Zimbabwe's national timber sales volumes surged 44.5% to 267 888 cubic metres for the year ended December 2012 due to increased demand in both local and export sales, latest industry statistics show. ...