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Cairns retooling gobbles $1m Dimaf funds

NewsDay Staff ·

INDUSTRY and Commerce minister Mike Bimha has revealed that food and beverages company Cairns Holdings has used the $1 million it received from the Distressed and Marginalised Areas Fund (Dimaf) for retooling, adding that the company required an additional $8 million to source more machinery to enable it to increase production.

Bimha made the remarks during a tour of the company’s plant in Harare last Friday.

“We want new equipment to produce more goods.

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