BAKERS Inn, a division of Victoria Falls Stock Exchange-listed Innscor Africa, is set to open a second plant at its Belmont factory in Bulawayo as part of its expansion plans.
Last week, the company commissioned a US$27,8 million bread factory with capacity to produce 8 000 loaves per hour.
Innscor chairman Addington Chinake said the company wanted to ensure it captures the market in Matabeleland, Bulawayo and Midlands provinces.
“The plant contributes more than a quarter of the company’s bread supply and has brought increased efficiency for Baker’s Inn, with reduced waste and fuel costs. This is a significant step forward for Baker’s Inn.
“With the Bulawayo plant up and running, the company is one step closer to achieving its goal of providing the freshest, tastiest bread to every corner of the nation,” Chinake said.
Zimbabwe’s national bread demand currently stands at 950 000 loaves per day.
Over the past two financial years, Innscor has invested US$125 million across its divisions. Much of this investment has recently been commissioned, or is in the final stages of being commissioned.
The group said efforts continue to also be directed at ensuring new investments achieve targeted returns.
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