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Friday, July 12, 2024

Midlands businesses look to create synergies during SADC Industrialisation Week

Story by Tafara Chikumira

BUSINESS entities operating in the Midlands province are angling to capitalise on the SADC Industrialisation Week to create synergies and expand their operations as Zimbabwe warms up to the seventh edition of the forum which will be held in Harare later this month.

The SADC Industrialisation Week which brings together top industrialists in the region to share ideas and form synergies dovetails with the Second Republic’s industrialisation and reindustrialisation efforts which have seen most local companies expanding their operations.

One such company is SINO Zimbabwe, which has retooled to boost production levels and match demand in line with the massive infrastructure development ahead of the 44th SADC Summit.

“As we were coming out of the COVID period, we saw our capacity utilisation jumping from 70 percent to 80 percent in the last quarter of 2023.

“We had to stop production towards 2023 as we were retooling our plant angling to tackle some huge projects.  After the retooling exercise, we saw our clinker production jump from 180 000 to 270 000 tonnes annually.

“We got some exclusive rights to supply cement to the construction of parliament building and this helped us improve our production as demand for our products jumped. Building villas and road infrastructure across the country also helped us increase our production levels. Now we are looking forward to the industrialisation week where we hope to expand our network levels,” said SINO Zimbabwe sales and marketing manager, Mr Ibiam Sengwe.

Bata Shoe Company has invested US$5 million in acquiring a polyurethane pouring machine.

The machine which makes safety and school shoes has reduced the country’s import bill.

“The machine was a game changer in an area where we used to import shoes from our sister companies. The industry’s demand for particularly safety shoes is growing and I am happy to say that now we are even exporting to countries like Zambia.

“The acquisition of the machine led to the employment of 25 new employees who are working in the production line. We are looking forward to participating in the SADC Industrialisation Week as we seek to expand our wings to the rest of the region.

“We are also looking forward to having fresh ideas on how we can continue to synergy with our sister companies and come up with new lines,” said Bata Shoe Company country manager, Mr Simon Mutisya.

The seventh SADC Industrialisation Week will be held in Harare from July 28 to August 2, with top industrialists expected to attend the business Indaba.

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