Market News

Local steel company, Steely R.M.I., is supplying 44,075mt of reinforced steel bars worth 804.9 million Br to the government and signed a contract to this effect with the Public Procurement & Property Disposal Service (PPPDS) on November 9, 2015.   The government will pay this company 91 milli . . .

A LOCAL company, Tradecode Investments says it is close to securing a $20 mln investment from two separate investors for the construction of a steel manufacturing plant as well as a factory to produce PVC ceilings in Chiredzi.   The company’s managing director Venancio Kurauone said the . . .

Indian billionaire Ravi Jaipuria is set to invest US$30 million in a Pepsi bottling plant in the country, promoters of the project said.   Entrepreneur Adam Molai, who is the promoter of the project, told businessdigest this week that Varun Beverages, Ravi's bottling business, would invest US . . .

The industry-awaited inaugural staging of International Metal Technology Taiwan (iMT Taiwan) has garnered curious spotlight from market watchers and all-involved in the global metallurgy sector eager to see the latest innovations and technologies at the trade exhibition. Organized by Kaigo Co., Ltd. . . .

 East Africa’s economic powerhouse Kenya is expected to see economic growth and improved foreign direct inflows, a leading analyst has predicted.   “We are expecting increased business in the country and region due to improved business confidence and growth potential in the e . . .