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Proplastics invests in solar energy

The country has been experiencing power outages which now extend to 16 hours a day, forcing businesses to rely heavily on expensive generators,  further driving production costs
By Tafadzwa Mhlanga Sep. 20, 2024

Easing the national grid

Proplastics reported that it suffers energy costs of US$0,23/kw, compared to a regional average of US$0,10/kw.
By Equity Axis Jun. 28, 2024

Alleviating national grid pressures: Striking a balance

In-line with the above, the operational independence afforded by self-generation of power may rather be overstated.
By Tinashe Duma Jun. 21, 2024

Proplastics turns to internal reserves... as official forex market struggles to meet demand

Since re-introducing the local currency in 2019 after initially abandoning it in 2009, the Zimbabwe dollar has been in turmoil.
By Tafadzwa Mhlanga Mar. 28, 2024

Proplastics profit trebles to US$520 000

In the comparative 2022 period, Proplastics posted a profit of US$164 482 with finance costs amounting to US$686 304 during the period.
By Tatira Zwinoira Mar. 27, 2024

Proplastics charms regional market

The group's exports market includes countries like Zambia, Mozambique, the Democratic Republic of Congo, Malawi, and Botswana.
By Tafadzwa Mhlanga Sep. 24, 2023

Proplastics dumps Zimdollar loans

Sebbon, however, said borrowing rates in Zimbabwe dollars had become unsustainable.
By Tatira Zwinoira Jun. 9, 2023

Power cuts hamper Proplastics production

The group announced that it was working hard to ensure this risk is mitigated and the market does not suffer supply gaps.
By Tatira Zwinoira May. 1, 2023