Breaking News

Zimbabwe's main building supplies to merge

by Staff reporter
11 September 2011 | 1883 Views
OPERATIONS of DST and PG Building Supplies are set to be merged under a single management structure, a process meant to increase competitiveness through branch rationalisation.

The current structure has had to be changed since it was being affected by different operational issues. The two companies are duplicating roles and lacking synergy.

PG Industries director Mr Raymond Chipangura last week confirmed the developments and indicated that the move is meant to strengthen the company's market share and contain costs.

According to the company official, there is going to be one branch in smaller cities where the two branches co-existed.

The project will start merging branches in Kadoma and Mutare. It will then move to branches in Bulawayo, Masvingo and Chinhoyi.

The merger is expected to manage structures for the company, in the process increasing efficiencies and reducing costs. Mr Chipangura said the move will create effective utilisation of stocks as it is easier to move supply between the branches for higher stock turns.

Over the last 12 months, the group has embarked on cost-cutting measures, which resulted in a number of units and branches closing.

Some of the management initiatives to ensure profitability of the merchandising division that the group has adopted include the closure of Msasa Timber Trader and Johnson & Fletcher in 2010 and closure of nine underperforming branches in different provinces.

Mr Chipangura said some of these measures would ensure the sustainable, profitable growth of PG Industry's remaining units. PG Building Supplies recently partnered with Olam Cotton, a subsidiary of Olam International Ltd, to retail building and related materials at some of the latter's cotton depots.

The purpose of the partnership is to provide convenience to cotton farmers to source their requirements in their backyard. Olam's depots are located in Nembudziya, Chitekete, Sanyati, Muzarabani, Chiredzi and Rutenga.

As a group, PG operates PG Building Suppliers, PG Glass, PG Timber, PG Properties, Zimtile, Manica Boards and Doors and Mitek Zimbabwe.




Meanwhile, PG Industries Zimbabwe group finance director Mr Adam Zvandasara indicated in an interview that business in their Mozambique division was booming compared to that of the local division which is currently operating at a loss due to a number of challenges.

The increase in demand for the company's products has been attributed to the opening up of coal and gold mines in the country, which has resulted in an upsurge in construction.

Building Suppliers Merge PG DST

Source: New Ziana

Does Prophet Magaya's anointing oil work?

Yes
14.29%
No
71.43%
Spiritual matters
14.29%
14

Comments

News Updates

Email:

Latest News

Mphoko out of touch with reality - FEARS that Vice-President Phelekeze...

by Stewart Chabwinja | 30 January 2015 | 453 Views

ZAPU to reconfigure the Youth Front - "We are revisiting our revolutio...

by Thulani Nkala | 30 January 2015 | 242 Views

Mafikizolo and Zahara Zimbabwe bound - Entertainment Reporter After a ...

by Staff reporter | 30 January 2015 | 183 Views

Woman stabs hubby over WhatsApp message - A 22-year-old Barbourfields ...

by Thandeka Moyo | 30 January 2015 | 529 Views

Bulawayo to go ahead with prepaid water meter installations - BULAWAYO...

by Loveness Bepete | 30 January 2015 | 197 Views

Judgment day for cheating wife killer - A man assaulted his "adulterou...

by Mashudu Netsianda | 30 January 2015 | 364 Views

Spirited attempts to scupper Mugabe's ascension to AU Presidency - ZIM...

by Caesar Zvayi | 30 January 2015 | 429 Views

Man rapes niece, pretends to be possessed - A 23-YEAR-OLD man has clai...

by Staff reporter | 30 January 2015 | 420 Views

'Mutasa threat to Zanu-PF'

by Staff reporter | 30 January 2015 | 1774 Views

MDC-T by-election boycott ignored by other political parties

by Staff reporter | 30 January 2015 | 704 Views

MDC-T threatens action over Kereke

by Staff reporter | 30 January 2015 | 744 Views

'I'm not scared,' says Mutasa

by Staff reporter | 30 January 2015 | 1479 Views

Mphoko blows +$18,000 on hotel accommodation

by Staff reporter | 30 January 2015 | 1630 Views

Python eater jailed 9 years

by Staff reporter | 30 January 2015 | 986 Views

Cop-bashing apostolic sect member denied bail

by Staff reporter | 30 January 2015 | 360 Views

Teachers' union seeks corporal punishment reinstatement - Progressive ...

by Staff reporter | 30 January 2015 | 406 Views

'Zimbabwe producing half-baked graduates' - Most of the thousands of s...

by Staff reporter | 30 January 2015 | 758 Views

Chidhakwa, Defence ministry in bitter tussle - MINES minister Walter ...

by Staff reporter | 30 January 2015 | 795 Views

Cabinet ministers bleeding Zesa ousted - CABINET ministers, senior ci...

by Staff reporter | 30 January 2015 | 1259 Views

America ready to assist Zimbabwe - America is waiting for a signal fro...

by Staff reporter | 30 January 2015 | 1165 Views

Acting President Mnangagwa bemoans road carnage - ACTING President Em...

by Staff reporter | 30 January 2015 | 868 Views

Tsvangirai's MDC-T seeks to bar by-elections - The main opposition MDC...

by Staff reporter | 30 January 2015 | 722 Views

Manzou blow for Grace Mugabe - Lawyers have forced authorities to unde...

by Staff reporter | 30 January 2015 | 1660 Views

Zanu-PF in a fix over Mutasa - There is apparently serious disagreemen...

by Staff reporter | 30 January 2015 | 1555 Views

Mutasa dismisses 'absurd' hearing - Former Zanu-PF secretary for admin...

by Staff reporter | 30 January 2015 | 1151 Views

Tax reduction the answer, says Biti - Government has been urged to con...

by Staff reporter | 30 January 2015 | 676 Views

No pay rises this year, says RBZ chief - ZIMBABWEANS should not expec...

by Cletus Mushanawani | 30 January 2015 | 635 Views

Death row inmate loses appeal - The Supreme Court has rejected an app...

by Fidelis Munyoro | 30 January 2015 | 2100 Views

MDC-T activist fined for smuggling fire arm

by Staff Reporter | 30 January 2015 | 1423 Views

Political bullies will end with devolution of power - Zimbabwe has bec...

by Themba Mthethwa | 29 January 2015 | 1931 Views

Entertainment

Munya Mataruse Joins Tuku on US Tour - Upcoming Pakare Paye Arts Centr...

by Entertainment Reporter | 30 January 2015 | 146 Views

Mugabe, Mujuru at Harare Gallery

by A.A.V. Amasi | 28 January 2015 | 5254 Views

Prof Jonathan Moyo says 'Zimbabwe to meet digitisation deadline in Jun...

by Farirai Machivenyika | 27 January 2015 | 2153 Views

DJ stabbed by lover - A MATSHOBANE suburb disk jockey (29) got more t...

by Staff reporter | 27 January 2015 | 4788 Views

Bulawayo movie Qiniso out in February - THE much anticipated movie, Qi...

by Showbiz Reporter | 26 January 2015 | 2248 Views

Where is omasiganda music now?

by Fred Zindi | 26 January 2015 | 2359 Views

Ringo billed for pre-Valentines Bash in Bulawayo

by Bongani Ndlovu | 26 January 2015 | 3592 Views

The return of Alick Macheso

by Entertainment Correspondent | 24 January 2015 | 4131 Views
iBlog

Those Behind Tb Joshua Watch Photo Proof!

when this couple (dave and angie) were indicted of being the masterminds behind tb joshua watch, the blog admins refuted it and denied any sort of connections with the couple, but that’s not what the facts portray as precisely every single one ... Read More
pointblank 13 July 2014 ago

Rules Or Relationship

The dog does not need a lead to go for a walk. its owner can just speak a word and the dog responds. now, we are not comparing ourselves to dogs, we are comparing performance-based christian living to relationship-based christian living. big, big ... Read More
LindaDiokpa 30 December 2014 ago