PPC Zim volumes in double digit growth

HARARE, August 22 (The Source) – Regional cement maker Pretoria Portland Cement (PPC) says its Zimbabwe operation recorded double digit volume growth in the quarter ended June, attributable to investment in the Harare mill. Last November, the company commissioned an $82 million plant in Harare,… Read More

Delta shuts down Vic Falls depot

VICTORIA FALLS, July 25, (The Source) – Beverage giant Delta Corporation says it is closing its Victoria Falls distribution depot as the company moves to rationalise its operations. The company currently operates 23 distribution depots across the country. Corporate Affairs Director Alex Makamure told The… Read More

Powerspeed PAT doubles in H1

HARARE, June 2 (The Source) – Electrical goods manufacturer and retailer, Powerspeed’s net income for the interim period to March more than doubled to $580,673 from $161,595 recorded in the comparable period last year on increased revenue and cost containment measures. Turnover was up 13… Read More