Victoria Foods seeks to reclaim market share

CFI Holdings’ agro-processing unit, Victoria Foods, is aiming to regain lost market share by strengthening its distribution strategies following years of operational challenges, the company’s secretary Panganayi Hare has said. Victoria Foods resumed full-scale operations in 2022 after exiting judicial management and has been progressively winning back consumers of its household brands. This, however, comes…

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Zimre scouts for new regional markets

ZIMRE Holdings (ZHL) is scouting for new opportunities across several African markets to grow its business, the company has said. This is despite downside risks such as inflation and currency fluctuations weakening most regional economies. The Zimbabwe Stock Exchange-listed insurer, which has a sizable regional portfolio, operates through subsidiaries in areas of general insurance, health…

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Telco, Beyond Mobility launch EV network

TELCO Holdings has partnered with a regional electric solutions provider, Beyond Mobility, to present Zimbabwe’s first fully integrated electric mobility ecosystem. The initiative introduces high-performance electric motorcycles and utility vehicles supported by smart charging stations, intelligent battery swapping cabinets, solar-hybrid energy systems, and real-time telematics platforms. At its core is rapid battery swapping technology, allowing…

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Haydon stands sale uplift Willdale

WILLDALE says the sale of stands in the Haydon Industrial Park is starting to ease group working capital pressures and should soon boost its core brick-making operations. The company expects to raise sufficient funds through these sales to acquire a modern all-weather brick-making plant before year end. Last year, the company said plant utilisation fell…

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ART Holdings revenue dips to US$7 million

ART Holdings’ revenue dropped four percent year-on-year to US$7 million during the first quarter ended December 31, 2025, owing to working capital constraints that impacted production. The group’s overall sales volumes were one percent below the prior year. “Market demand for Exide batteries and Eversharp pens was firmer, however, the cumulative impact of working capital…

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Vision prioritises Tongaat’s regional units

VISION Group is focusing on stabilising Tongaat Hulett (Tongaat)’s regional businesses after last week’s provisional liquidation application by business rescue practitioners in South Africa. This follows the collapse of the business rescue deal due to delayed funding discussions between Vision and the Industrial Development Corporation of South Africa. Tongaat, a South African agribusiness, operates in…

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