By Gwendoline Mugauri
The Ministry of Industry, Commerce and Enterprise Development has implored Unilever Africa to appoint its Zimbabwe branch as their regional manufacturing hub, following its 8 million dollar investment into the local branch aimed at reviving production.
Speaking during the commissioning of a high technology packaging machine worth half a million dollars at Unilever in Harare yesterday, Industry, Commerce and Enterprise Development Minister Dr Mike Bimha said government stays committed to creating a thriving environment to ensure security of their investments.
Minister Bimha commended Unilever for its commitment to support the transformation and growth of the Zimbabwean economy.
The refurbished plant is set to improve packaging of the royco brand sachets from 13 tonnes to 17 tonnes per day.
Meanwhile Unilever Africa President Mr Bruno Witvoet said the investment is the beginning of a new journey to assist in rebuilding Zimbabwe and improve the lives of its people.
Deputy Governor of the Reserve Bank of Zimbabwe Dr Kupukile Mlambo said shortage of foreign currency was the only stumbling block affecting the initiative and required urgent attention.
By Staff Reporter
The International Monetary Fu...