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Tuesday, 7 August 2012

Investment Watch (Various)

Zambian Breweries Plc, a unit of global brewer SABMiller recently announced plans to begin production at its new US$90 million brewery by mid-November. The new brewery will be in Ndola with annual production capacity of 100 million litres, or 267 million bottles, a year. The company concluded a rights issue in December through which it raised $US$70 million of the total financing.

Greenbelt are planning to construct a multi-million dollar fertilizer manufacturing plant in Mazabuka starting early next year. The plant will be able to produce over 60,000 tonnes of fertilizer annually to meet the rising demand for the commodity from Nakambala and Kaleya Sugar plantations. At present Greenbelt is producing 34 thousand tonnes for fertilizer at its Mazabuka plant which is under lease. The plan is to expand operations.

1 comment:

  1. I am eager to see the projected growth of bullion coins. The equity promises minor gains but I am optimistic for stability.

    ReplyDelete

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