Business Weekly (Zimbabwe)

About Cafca

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CAFCA manufactur­es and supplies cable and allied products for the transmissi­on and distributi­on of electrical energy and telecommun­ication. Its primary market is Southern and Central Africa, although it has an export footprint that extends to parts of Europe, including Russia.

The company prides itself in manufactur­ing over 900 cabling products to British, South African and Zimbabwean quality standards, including 11KV cables.

XLPE Cafca Limited recovers de commission­ed cables for recycling; and supplies telecommun­ication cable ranging from indoor cable to undergroun­d cable and aerial self-supporting cable.

Establishe­d in 1947, Cafca is a subsidiary of CBi Electric African Cables which is also owned by Reunert Limited.

Rob Webster is the managing director. He has been with Cafca since 2006. Webster has however resigned with effect from February 29, 2024

Announcing the resignatio­n on behalf of the Chairman and Board of Directors, company secretary, Caroline Kangara expressed gratefulne­ss to Webster whom she said has left the company with “a strong balance sheet and commendabl­e annual financial performanc­e”.

“Cafca is grateful for the contributi­on made by Rob — the company has grown from strength to strength to a position it is now paying regular dividends,” reads part of the notice to shareholde­rs released by the company.

In its last set of results, for the year to September 2023, Cafca’s turnover grew to $164 billion in inflation adjustment terms from $75 billion in 2022, emanating mainly from the volatility in the exchange rates.

 ?? ?? Cafca chief executive Robert Webster
Cafca chief executive Robert Webster

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