Market News

The Arki Mineral Water Bottling Factory constructed at a cost of 40 million Birr was inaugurated last Saturday. It has created permanent job opportunities for 110 citizens.   Speaking at the inauguration ceremony, Industry State Minister Dr. Alemu Sime said that the industry and service secto . . .

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. . . .