At the time, Nestle said its business with the farm accounted for 10-15 percent of its local milk supply and that it had a long-term commitment to Zimbabwe.

Nestlé announced a $7m (R125.5m) investment to expand its cereal manufacturing facility in Harare, reinforcing Zimbabwe’s role as a strategic hub for breakfast cereal production in the East and ...

Nestle has remained silent on reports that the Zimbabwe government has launched an investigation into the Swiss food giant’s financial dealings in the country. According to a report in the ...

Nestle reveals Zimbabwe expansion plans Nestlé is investing more than US$2.5m in a cereal manufacturing plant in a southern Africa market, it has announced. Leonie Barrie November 26, 2020 ...

The initiative is part of Nestlé’s broader investment of more than US$40 million in Zimbabwe over the past decade, reinforcing its long-term commitment to the country’s growth and development.

HARARE, July 2 (NewaDay Live)-NESTLÉ Zimbabwe has increased production of its popular breakfast cereal, CEREVITA, following a US$7 million investment into local manufacturing to meet rising demand.

Swiss food company Nestle's <NESN.VX> Zimbabwe unit has suspended operations, two months after pulling out of a deal to buy milk from a farm owned by President Robert Mugabe's family, state media ...

Nestle's move was a setback to efforts by a new unity government set up by Mugabe and Prime Minister Morgan Tsvangirai, to attract foreign investors in a bid to fix Zimbabwe's battered economy.

Neither Nestlé nor the ministry have released the exact terms of the agreement, though sources said Gushungo Dairy Estate, controlled by Grace Mugabe, wife of the president, would sell its milk to a ...

A Nestlé spokeswoman said Monday that the corporation is examining the conditions in Zimbabwe and had not decided whether to resume operations at its plant in the Zimbabwean capital, which employs ...