Business Reporter
TOP milk producer, Dairibord Zimbabwe Limited (DZL) has refuted reports that the firm is set to transfer operations to neighboring South Africa.
In a statement, Group CEO Ms. Mercy Ndoro emphasized that Dairibord has no intention of divesting from Zimbabwe. “Dairibord has a longstanding history of successfully exporting its heritage brands to South Africa and other regional markets, often falling short of meeting demand,” said Ndoro. “As a result, we have initiated strategies to optimize supply and distribution channels in South Africa, but we remain firmly committed to Zimbabwe.”
The statement clarified that Dairibord is focusing on capacity building to support its growth in both local and regional markets. These investments reflect the company’s confidence in its future and its dedication to serving Zimbabwe, as well as expanding into regional markets such as Zambia, Botswana, and Mozambique.
She said the importance of positioning the company within the framework of the African Continental Free Trade Area (AfCFTA), which promotes regional trade and cooperation. She explained that Dairibord’s strategic moves would help generate foreign currency, benefiting both the company and the Zimbabwean economy.
Ndoro added that Dairibord’s Zimbabwean operations remain the cornerstone of its business and expansion efforts, ensuring that the company continues to provide nutritious products to both the local and regional markets.
