Para­mount bags ex­porter of the year award

Chronicle (Zimbabwe) - - Business - Bianca Mlilo @Bian­caMlilo

PARA­MOUNT Gar­ments scooped the ex­porter of the year award at the Con­fed­er­a­tion of Zim­babwe In­dus­tries awards din­ner held in Bu­l­awayo last Thur­day.

The com­pany owns Bu­l­awayo-based Archer Cloth­ing and have been man­u­fac­tur­ing gar­ments in Zim­babwe since 1948.

Archer Cloth­ing has since pushed up pro­duc­tion to 74 per­cent of ca­pac­ity af­ter com­mit­ting nearly $3, 5 mil­lion to­wards work­ing cap­i­tal and re­fur­bish­ment of equip­ment.

The com­pany which was placed un­der ju­di­cial man­age­ment in 2010, was bought by Para­mount Gar­ments in 2015.

The par­ent com­pany last year set aside $5 mil­lion to re­cap­i­talise the com­pany over five years.

Para­mount Gar­ments lead­ing man­u­fac­turer is Zim­babwe’s and ex­porter of pro­tec­tive cloth­ing and work wear, se­cu­rity wear, school wear, safety shoes and uni­forms.

First and sec­ond run­ners up ex­porters were Sch­weppes Zim­babwe Lim­ited and Varichem Phar­ma­ceu­ti­cals re­spec­tively.

The en­ergy ef­fi­ciency cat­e­gory was won by To­bacco Pro­ces­sors Zim­babwe (TPZ), the com­pany re­spon­si­ble for the pro­cess­ing of over 42 per­cent of Zim­babwe’s an­nual to­bacco crop.

First run­ner up in this cat­e­gory was Si­noZim while Delta Bev­er­ages came sec­ond.

Zim­babwe’s largest milk pro­ces­sor Dairi­bord Zim­babwe Lim­ited went away with the com­pany of the year award while AFDIS and Col­com were first and sec­ond run­ners up re­spec­tively.

The Buy-Zim award was snatched by N. Richards, a whole­sale and re­tail gi­ant with 26 branches spread across Zim­babwe.

First and sec­ond run­ners up were OK Zim­babwe and MetroPeech whole­salers re­spec­tively.

Archer Cloth­ing in Bu­l­awayo file pic­ture

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