The Herald (Zimbabwe)

Bata expects growth

- Business Reporter

BATA Zimbabwe says it expects operationa­l growth in 2017 to surpass the six percent currently obtaining driven largely by an expansion initiative, which will see the footwear manufactur­er open new outlets across the country.

Bata Zimbabwe has been operationa­l since 1939.

The company whose manufactur­ing plant is in Gweru operates a widespread non retail distributi­on network through its wholesale, dealers and export divisions.

Bata Zimbabwe managing director Ehsan Zaman said the footwear manufactur­er is looking at expanding its outlets while also upgrading the existing ones.

“We are doing well in terms of growth and according to the estimates we are at around six percent so far and going forward we will see how it goes.

“We would like to make some improvemen­ts and we are committed at building new products.

By doing that we are strengthen­ing our production and produce more so that we can supply our stores faster,” said Mr Zaman at the official opening of an outlet in Marlbereig­n recently.

Mr Zaman said the company has also refurbishe­d the Robert Mugabe and Chitungwiz­a outlets among others

He said Bata Zimbabwe will also be opening an outlet in Arundel next month.

“This year we have a plan to renovate eight stores in Gweru, Masvingo, Zvishavane, Kadoma and Bulawayo and we are looking for more opportunit­ies.

“We would like to expand and make our stores better while giving our customers a better shopping experience and more selections at affordable price,” said Mr Zaman.

He said the company is currently operating at 90 percent capacity utilisatio­n.

“We are also proud because we are one of few companies who are doing value addition.

“We process the leather and make shoes that we sell locally or export,” said Mr Zaman.

He added that the company is also facing challenges on making foreign payments.

Mr Zaman said the company gets around 65 percent of its raw materials locally while about 35 percent if imported from South Africa.

“Failure to make foreign payments on time is affecting our operations because we import 35 percent of our inputs from South Africa.

“So whenever our foreign payments are put in a queue we are bound to suffer as a business but we promise to soldier on since we are one of the companies who have continued to operate. even in the most difficult times,” said Mr Zaman.

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