Colcom Holdings pig unit grows
The pig unit of Zimbabwean Colcom Holdings' expanded by
4% during last year ending 30 June.
The unit contributed 48% to the company's profits and boosted exports to
Namibia, which grew 4% in the last quarter. The company is also expected to
benefit from firming regional prices.
Altogether, Colcom recorded a turnover growth of 700% to €8.2
The group said it embarked on a restructuring exercise in 2005, creating
autonomous business units benefiting from synergies. These include pigs,
ostrich, cattle, pies, sales and distribution, corporate treasury as well as the
Freddy Hirsh chain.
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