Innscor streamlining operations

INNSCORBusiness Reporter
Innscor Africa is set to close its southern region offices as part of efforts to streamline its operations to suit the current depressed economic environment.
The move is meant to cut costs on a number of its high expense lines across its different business units. The group is also looking at tightening its debt collection and lowering its short term borrowings.
In an interview on Monday, Innscor Group Corporate Affairs Executive Mr Musekiwa Kumbula confirmed the group’s intentions to streamline operations.

“Innscor always reviews its structures in order to boost operational efficiency. And in view of the current depressed economic environment, the group is looking at amalgamating regional offices.

“In pursuit of this, discussions aimed at streamlining Innscor structures are currently underway,” said Mr Kumbula.
The group is looking at centralising its operations to Harare. The move is going to have an impact on staff stationed at southern region offices.

To that end Bulawayo staffers have been advised to take voluntary retrenchment as the whole southern region operations will be closed down.
Focus for the group is now on improved marketing, driving out unnecessary costs for the group to be more competitive and price sensitive to the level of spending power available.

Mr Warren Meares who is the managing director for Southern Region is on the verge of being moved to Harare. Other senior staff members who will be moved include Mr Lifa Ncube (finance manager) and Mr Owen Murumbi (Finance director).

According to the National Employment Council for the food industry, Innscor employs more than 1000 people in Bulawayo.

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