Nestlé Zimbabwe
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Business Briefs
Nestlé Zimbabwe announces US$2.5m investment in cereal line
Nestlé has announced that it is investing over $2.5 million into a new cereals manufacturing line, as part of a plant expansion in Zimbabwe. The move reaffirms Nestlé’s commitment to the future of Zimbabwe and takes it total investment in the country to over $40 million in the last ten years. According to Nestlé, the line expansion will immediately result in…
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Business Briefs
Nestlé plans longer-term investment in Zimbabwe’s coffee
Nestlé, the world’s largest food and beverage company, says it is planning a longer-term investment in Zimbabwe’s coffee industry following the success of a partnership with Nespresso and local coffee farmers. An initiative by the Swiss food giant in the southern African country has signed up about 2 000 growers, compared with 450 last year, according to the Agriculture ministry.…
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