Bata Shoe Company has increased its capacity utilisation from 27 to 42 percent with the footwear manufacturer targeting further growth to 65 percent.
The company said increased capacity utilisation had been supported by improved currency stability, a better business environment and increased orders from both government institutions and private sector players.
Bata said the stability of the local currency had provided businesses with a more predictable environment, enabling companies to plan effectively, invest in operations and expand production.
“The stability of the Zimbabwe Gold (ZiG) currency has provided a more predictable operating environment, allowing businesses to plan, invest and expand production,” the company said.
“The increase in demand for locally produced goods had played a significant role in improving operations, with institutions and consumers increasingly supporting Zimbabwean-made products.”
Bata currently employs more than 1 000 workers directly and supports over 400 indirect jobs through its supply and distribution networks.
The company has also strengthened partnerships with small and medium enterprises operating within the leather value chain, providing opportunities for skills development, entrepreneurship and economic empowerment.
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