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y Alois Vinga
ZIMBABWE Stock Exchange (ZSE) listed conglomerate, Innscor Africa Limited has seen a significant volume recovery on the back of the prevailing economic stability.
Presenting a trading update for the third quarter ended March 31 2021 recently, Innscor’s company secretary, Andrew Lorimer said significant recoveries had been recorded across the group’s segments.
He said at National Foods, cumulative nine-month aggregate volume growth remained steady at 14% over the comparative period.
The flour division experienced strong consumer demand, delivering cumulative nine-month volume growth of 46% over the comparative period whilst third quarter volumes also showed strong growth over the comparative quarter with firm volume demand in all major flour product categories.
What Innscor trading update says about the Zimbabwean economy thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.
A relative of man brutally beaten to death with a hammer says it was “inevitable” the killers would strike again.
Julie Lorimer spoke to Sunday World after it emerged killer Christopher Wright had breached his licence by assaulting another man after leading cops on a drunken car chase in which he burst through a police stinger checkpoint.
The 29-year-old, of Seagoe Park, Portadown, was sentenced to ten years in prison in 2013 for the manslaughter of Julie’s brother-in-law Andrew Lorimer.
But the callous killer was released in 2018 as he only had to serve five years in prison with the other five served on licence.