Bata invests $500 000 in gumboot plant

Bata invests $500 000 in gumboot plant
Published: 12 December 2017 (1057 Views)
GWERU-based shoe manufacturer, Bata Shoe Company, has invested over $500 000 in machinery and equipment for the setting up of a gumboot manufacturing plant.

The shoe manufacturer discontinued production of gumboots and PVC safety boots at the height of the hyperinflationary period, which had been brought about by the economic downturn.

There has been a significant demand for safety shoes in the mining and farming sectors, which have been on a recovery path recently.

Bata managing director, Mr Ehsan Zaman told Business Chronicle that they were expecting to commence gumboots production by March next year.

"We see the opportunity of having gumboots business in this country. Presently we are importing from South Africa as well as from Zambia.

"Our investment proposal for the machine and equipment to produce gumboots has been approved and we have already placed an order for the machines," he said.

"If everything goes well we will be commencing our production from March next year, which is an investment of over $500 000 including moulds and machines.

"We are proud that we will be producing it in Zimbabwe which will cut the import bill and is a support to the economy.

"The production of gumboots will be for the domestic as well as the export market.

"We hope that we will be able to produce 250 000 to 300 000 pairs of gumboots per year, which means more than $500 000 will be saved through this import substitution initiative."

The Bata boss is also optimistic of a positive economic outlook following the appointment of country's new President (Mnangagwa).

He said if the economy improves Bata will make good business and that the company will consider bringing more investment into the country.

"We are very optimistic because the vision that the new President gave in his speech is very positive.

"We are very optimistic that business will improve and so will the economy.

"There will be more investment inflows into the country.

"If things continue like this we will probably reach the highs that we are aiming to get to," he added.

Bata Shoe Company is the biggest shoe manufacturer in Zimbabwe employing over 1 100 workers and producing 3.5 million pairs of shoes per year.

At its peak the Gweru based shoemaker employed about 5 000 workers before the economy took a downturn.

Last year the company introduced new production process among them the re-introduction of the Sandak and Pata-Pata brands on the local market.

The Gweru-based shoemaker reintroduced the two brands after it discontinued production of those in 2008.

- chronicle

Tags: Bata, Factory, Gumboots,
 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Lupane hospital turns to crowd-funding

by Staff reporter | 22 September 2018 | 23 Views

Cheating exposes affair with minor

by Staff reporter | 22 September 2018 | 32 Views

Married women are jealous of Bev

by Staff reporter | 22 September 2018 | 30 Views

One more arrested over Aug 1 violence

by Staff reporter | 22 September 2018 | 32 Views

Mnangagwa and Chamisa MPs fume over deferred vehicles

by Staff reporter | 22 September 2018 | 31 Views

Mugabe's party has not disbanded

by Staff reporter | 22 September 2018 | 19 Views

Kombi accident death toll rises to 6

by Staff reporter | 22 September 2018 | 24 Views

Mthuli Ncube hints on currency reforms

by Staff reporter | 22 September 2018 | 26 Views

Church slams Zimbabwe gay teacher

by Staff reporter | 22 September 2018 | 25 Views

Dembare reach second round as FC Platinum, Ngezi bow out

by Staff reporter | 22 September 2018 | 21 Views

Man loses 'Toyota Raum' to robbers

by Simbarashe Sithole | 21 September 2018 | 232 Views

International media stampede to interview Mnangagwa

by Staff Reporter | 21 September 2018 | 302 Views

Brutalising vendors must stop

by Jacob Mafume, MDC National Spokesperson | 21 September 2018 | 220 Views

I doubt if Dabengwa really endorsed Mnangagwa - Mthwakazi activist

by Stephen Jakes | 21 September 2018 | 202 Views

Marc Cayeux gives everyone hope after top ten finish in Cape Town

by Agencies | 21 September 2018 | 123 Views

President Mnangagwa debuts at UNGA

by Bevan Musoko | 21 September 2018 | 180 Views

BREAKING: Harare - Johannesburg Intercape bus in accident, 10 people dead

by Staff reporter | 21 September 2018 | 342 Views

Stop unnecessary traveling to cholera affected areas - MIHR

by Stephen Jakes | 21 September 2018 | 135 Views

We need Mthwakazi restoration soon

by Stephen Jakes | 21 September 2018 | 132 Views

Rural development agenda should be on the priority list

by Stephen Jakes | 21 September 2018 | 126 Views

IMF offers to help Zimbabwe clear arrears

by Staff reporter | 21 September 2018 | 247 Views

Mugabe's party rejoins Mnangagwa's Zanu-PF

by Staff reporter | 21 September 2018 | 254 Views

Streak seeks ZC liquidation

by Staff reporter | 21 September 2018 | 161 Views

'Chamisa must not waste time fighting Mnangagwa'

by Staff reporter | 21 September 2018 | 271 Views

Chipanga appeal thrown out

by Staff reporter | 21 September 2018 | 192 Views

New minister cracks the whip

by Staff reporter | 21 September 2018 | 197 Views

Deal decisively with Parly delinquents

by Zvamaida Murwira | 21 September 2018 | 160 Views

Mthuli Ncube faces tough choices

by Lovemore Chikova | 21 September 2018 | 185 Views

Currency reform answer to Zimbabwe's economic woes

by Bongani Ngwenya | 21 September 2018 | 167 Views

Dabengwa ditches Chamisa, endorses Mnangagwa?

by Staff reporter | 21 September 2018 | 173 Views

Sibusiso Moyo alive & well

by Staff reporter | 21 September 2018 | 155 Views

'Mugabe University not a priority'

by Staff reporter | 21 September 2018 | 146 Views

Chamisa battles open rebellion

by Staff reporter | 21 September 2018 | 170 Views

Prophet up for pregnant woman rape

by Staff reporter | 21 September 2018 | 104 Views

Bulawayo pins hopes on devolution

by Staff reporter | 21 September 2018 | 98 Views

Nust shut down

by Staff reporter | 21 September 2018 | 159 Views

Zimbabweans want US or Zim dollar only, not SA Rand

by Staff reporter | 21 September 2018 | 154 Views

Chamisa's MDC Alliance starts merging into single party

by Staff reporter | 21 September 2018 | 103 Views