IN THIS exclusive interview, The Financial Gazette’s Almot Maqolo (AM) sits down with Chiedza Chigombe, the president of the Engineering Iron and Steel Association of Zimbabwe (EISAZ), to delve into the current state of the industry, the challenges it faces, and the strategies EISAZ is implementing to foster growth, innovation, and sustainability. With the anticipation…
CLOTHING firm, Edgars Stores (Edgars) says it is going to spend US$6 million on importing fabrics from Italy and Turkey this current fiscal year, representing a 50 percent rise compared to the same period last year. The group operates three divisions, Edgars and Jet retail chain, Carousel manufacturing and Club Plus microfinance. Edgars’ chief executive…
STATE-OWNED telecommunications company, TelOne says there has not been any meaningful progress regarding the clearance of its legacy debts despite the government’s commitment to facilitate debt warehousing to free up its balance sheet. TelOne is owned by the government through Mutapa Investment Fund which also owns over a dozen of state-owned enterprises. As of January…
PIPING products manufacturer Proplastics targets to recycle 90 percent of its production waste as part of its strong commitment to Environmental, Sustainability and Governance (ESG) principles. This comes after the group commissioned a new recycling plant which increased reusing production waste generated. The plant has improved production efficiencies and reduced energy use through automated mixing.…
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