Blue Ribbon Zimbabwe is set to commence the US$7 million expansion of its Harare wheat milling plants as the firm seeks to increase production.
The Bakhresa Group, which has to date injected US$20 million into Blue Ribbon Zimbabwe operations since the takeover, says the modernisation of the Harare milling plants is set to commence with a total of US$7 million earmarked for the expansion programme.
Blue Ribbon general manager projects Mr Yusuf Kamau said the modernisation project will be completed by year end, adding that the group has prioritised increased production in support of government drive to enhance productivity.
The Harare wheat milling plant has an installed capacity of 100 000 tonnes per year while the Bulawayo maize milling plant has the capacity to process 50 000 tonnes per year.
The local manufacturing firm Blue Ribbon has been dormant for the past few years owing to viability constraints and managed to resume production in 2016 following the takeover by the new investors.