The Grain Marketing Board (GMB) is taking an initiative in being one of the fastest recovering parastatals. The company seeks to add three new products to its silo brand this year intensifying its diversification and commercialisation strategy.
The GMB recently opened two state-of- the-art milling plants in Harare and Bulawayo. The Finance used to open up the mills was from the company’s pocket and not financed by the Government. The mills are worth over US$1 million.
The company’s general manager, Mr Albert Mandizha, announced that this year they will venture into manufacturing bottled water and peanut butter after introducing soya mince and jam last year. They are increasing the number of their products.
He added that, “…We also have a financier whom we are working with who will bring us some equipment that will be producing 100 000 loaves and the first bakery will probably be in Gweru Or Bulawayo.
GMB was forced to close its bakeries in Marondera, Bindura, Masvingo and Mutare and the hghest of the country’s economic meltdown due to the rampant shortage of wheat.The company is working towards rebranding its silo products as it strives to regain lost market share. It produces rice, mealie-meal, salt, beans, samp, soya mince and jam.
i think that is good news, if GMB is recovering then it means more food to the people and if people are full they are happy.
ReplyDeletetrue that, i alsothink GMB has setba good example ofr other companies not to wait for the Governmet to fund them but take upon themselves to revive themselves. If they wait upon the gvt they are in for a long wait
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