levels from 150 to 450 and 12 to 600 workers respectively. Capacity utilisation has also increased from 28% to 60% for Sensational and 15% to 50% for Blue Track Investments. 3.3.4 Furniture Sector Improved capacity from 45% to 70%. In one instance, – mattresses has increased their capacity utilisation from 70% to 85% (2 700 to 3 500 mattresses per month). The industry has also increased operating hours from 5 days per week to 6 days per week. 3.3.5 Tinned Fruits and Vegetables Associated Foods in Vumba increased – capacity utilisation from 38% to the current level of 80%. The company’s employment also increased by 20% to the current level of 143 workers (98 permanent and 45 contract). 3.3.6 Nestle Zimbabwe The Company’s Cremora Plant increased capacity – utilisation from 30% to 70%. S.I 64 also resulted in the preservation of employment which is around 330 workers. 3.3.7 Fertilizer Industry The fertilizer industry increased capacity utilisation – from 25% in 2016 to the current level of 40%. 3.3.8 Plastic (PVC) In one instance, capacity utilisation increased from – 40% to 51%, sales grew by 13% and there was an additional employment of 27 people. 3.3.9 Chitaitai S.I 64 of 2016 resulted in the company automating its – production and production capacity increased from 2 400 litres of shoe polish per day to 6000 litres per day. 3.3.10 Capacity Utilisation for Downstream Industries Capacity utilisation for Before SI 64 of 2016 After SI 64 of 2016 downstream industries increased as follows: Industry Label Supplies 5% 15% Plastic packaging 37% 60% Supplies Raw Materials 20% 37% 3.4 NEW INVESTMENTS The following companies have invested in new plant and machinery to date: 3.4.1 Arenel (Pvt) Ltd In August 2016, the company commissioned a snack manufacturing plant worth US$750 000. Furthermore, they invested into mayonnaise and bottled water plants at a total cost of about US$2 million. 3.4.2 Kershelmar Dairies (Pvt) Ltd
levels from 150 to 450 and 12 to 600 workers respectively. Capacity utilisation has also increased from 28% to 60% for Sensational and 15% to 50% for Blue Track Investments. 3.3.4 Furniture Sector – Improved capacity from 45% to 70%. In one instance, mattresses has increased their capacity utilisation from 70% to 85% (2 700 to 3 500 mattresses per month). The industry has also increased operating hours from 5 days per week to 6 days per week. 3.3.5 Tinned Fruits and Vegetables – Associated Foods in Vumba increased capacity utilisation from 38% to the current level of 80%. The company’s employment also increased by 20% to the current level of 143 workers (98 permanent and 45 contract). 3.3.6 Nestle Zimbabwe – The Company’s Cremora Plant increased capacity utilisation from 30% to 70%. S.I 64 also resulted in the preservation of employment which is around 330 workers. 3.3.7 Fertilizer Industry – The fertilizer industry increased capacity utilisation from 25% in 2016 to the current level of 40%. 3.3.8 Plastic (PVC) – In one instance, capacity utilisation increased from 40% to 51%, sales grew by 13% and there was an additional employment of 27 people. 3.3.9 Chitaitai – S.I 64 of 2016 resulted in the company automating its production and production capacity increased from 2 400 litres of shoe polish per day to 6000 litres per day. 3.3.10 Capacity Utilisation for Downstream Industries Capacity utilisation for downstream industries increased as follows: Industry Before SI 64 of 2016 After SI 64 of 2016 Label Supplies 5% 15% Plastic packaging Supplies 37% 60% Raw Materials 20% 37% 3.4 NEW INVESTMENTS The following companies have invested in new plant and machinery to date: 3.4.1 Arenel (Pvt) Ltd In August 2016, the company commissioned a snack manufacturing plant worth US$750 000. Furthermore, they invested into mayonnaise and bottled water plants at a total cost of about US$2 million. 3.4.2 Kershelmar Dairies (Pvt) Ltd
Ministerial%20Statement%20-%20Impact%20of%20SI%2064-2017%20-%20Minister%20of%20Industry%20and%20Commerce%20-%20%209%20March%202017.docx