Fast moving consumer goods distributor, Zim-Kings Trading (Pvt) Ltd is setting up a detergent manufacturing plant in Workington, Harare.
Zim-Kings Trading is a Zimbabwean owned company, specialising in the marketing and distribution of fast moving consumer goods.
The company, which was established in 2011, has grown to become one of the major distributor of detergents, confectionery, biscuits, snacks, candles and most recently crisps.
The manufacturing plant is scheduled for commissioning by the end of the year.
Industry and Commerce Minister Mike Bimha confirmed that Zim-Kings is in the process of setting up a plant in the country.
“Out of the import restrictions that were put in place on some products some regional companies which used to export their goods to Zimbabwe have since decided to set up manufacturing plants.
“Zim-Kings which used to be a distributor of several products is in the process of setting up a manufacturing plant in Workington and we take that as a positive going forward,” said Minister Bimha at a Confederation of Zimbabwe Retailers meeting on Statutory Instrument 64 of 2016.
He said most companies who used to export their products to Zimbabwe have responded well by deciding to set up shop in Zimbabwe.
South African cooking oil manufacturing giant, Willowton Group has already started setting a $40 million cooking oil processing plant in Mutare. The project is expected to employ about 100 people.
Willowton Group operates across South Africa with manufacturing facilities in Pietermaritzburg, Johannesburg and Cape Town.
The group manufactures a wide range of products which include edible oils, margarines and spreads, beauty, toilet and laundry soaps, candles, chocolate, baking and industrial fats. Well known brands include Sunfoil, Sunshine D, D’lite.
Minister Bimha said one of the leading rigid plastic packaging suppliers in Southern Africa Polyoak has started setting up a factory in Ruwa to maximise its presence on the local market.
“It is quite impressive that some companies have decided to come and set up shop in Zimbabwe and such projects which they are undertaking have the capacity to create employment.
“You can see that in the cooking oil industry, there has been a movement in terms of investment.
“Some of the companies investing are the same firms that have been exporting their products in the country,” said Minister Bimha.