Articles tagged 'colcom'

Colcom mulls reverting to original pork pie 4 July 2018 HARARE - Zimbabwe's largest meat processor Colcom Foods has bowed down to public pressure and announced it is working on plans for alternative means of producing a pie that includes the aspects of the “original” pork pie but said it could take time. This comes as the formerly Zimbabwe Stock Ex...
Colcom assures consumers following listeriosis outbreak 14 March 2018 HARARE - Following the recent outbreak of listeriosis in South Africa, Colcom Foods has assured its customers and consumers that it will continue to produce “safe, quality foods.” The outbreak of listeria in South Africa has caused panic, as it has resulted in the loss of lives. Reports ind...
ZSE breaches $5bn mark 12 June 2017 HARARE - The Zimbabwe Stock Exchange's market capitalisation last week breached the $5 billion mark for the first time in nearly two years. The local bourse closed the week at $5 179 592 804 buoyed by gains in blue chip counters such as BAT, Delta, Innscor, SeedCo, Meikles and Colcom.  [Goo...
Innscor bemoans cash crunch 8 December 2016 HARARE - Diversified group, Innscor Africa (Innscor), says the delays in foreign transactions are threatening business with suppliers waiting long periods to get their dues. Innscor chief executive Julian Schonken, yesterday told shareholders in the capital that as a result of delays in paymen...
Colcom eyes Angola 17 April 2014 HARARE - Innscor Africa’s meat processor Colcom Foods Holdings (Colcom) plans to set up a unit in Angola. The move is part of the Zimbabwe Stock Exchange-listed firm’s drive to expand its footprint in Africa. Its sales and distribution executive, Thabani Dhliwayo, said the company — current...
'Colcom profits to double' 10 April 2014 HARARE - Innscor Africa’s meat processor Colcom is tipped to more than double its year to June 2014 profits to $4,8 million on the back of refurbishments and an expansion programme, analysts projected. Colcom recorded a $2,2 million profit in the half year to December 2013. Stock broking fi...
Reduced production hits Colcom turnover 18 November 2013 HARARE - Listed meat processor Colcom Foods Limited says its flagship foods division's turnover slumped 10 percent in the four months to October 2013 compared to same prior year period due to reduced production. Overall profitability during the period under review was 8 percent below target wi...
Colcom finance director freed on bail 28 November 2012 HARARE - A Harare magistrate has freed on $100 bail Colcom Holdings Limited group finance director, Kenias Horonga who is facing fraud charges. Horonga, 45, is accused of swindling the food manufacturing company of $19 074. The court heard that Horonga was responsible for monitoring the company s...
Colcom revenue up 7 September 2012 HARARE - Zimbabwe Stock Exchange-listed meat processor Colcom Holdings Limited (Colcom), recorded a $52,8 million revenue in the year to June 2012, up 14 percent from previous corresponding period. Despite the liquidity constraints eroding consumers disposable incomes, the firm posted a $6 millio...