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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
million.
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.
Editor PigProgress
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