aders sometimes at the instigation of ruling party officials.
“However, we would like to thank the authorities for having removed squatters who were occupying Star Village, the company township,” the statement adds.
The company has also suffered because of inferior products that are flooding the Zimbabwean market -“the use of inferior bricks on the market is a cause for concern for future housing standards in the country… the regulatory authorities have allowed the use of farm bricks in this country,” says the report.
Willdale recorded $48,8 billion turnover up from $13,3 billion last year -a 267 per cent increase, but largely inflationary as volumes only increased by 15 per cent. Due to “difficult trading circumstances” no dividend was declared for 2005. – CAJ News
21.9.2006
0:00
Illegal occupation affects brickmakers
HARARE - Illegal land occupation currently besieging Willdale Farm near the Harare has seen a drastic reduction in brick production, according to the company's audited financial statement.
Willdale is the latest company to record reduced production at their farms caused by pro-government land inv
Willdale is the latest company to record reduced production at their farms caused by pro-government land inv