Over the past year, we generated an economic value of US$33,945,839.00 and distributed 85.4% of it (US$28,993,131.00) amongst operational costs and payments to internal and external stakeholders. Payments to internal stakeholders included employee salaries and wages, whilst those to external stakeholders comprised payments to service providers, contractors, and Government and community investments. SZL Harare retained an economic value of US$4,952,709.00. The total value of exports was US$537,797.00 which was 1.6% of the Economic Value Generated. This shows that the business unit is yet to tap into markets beyond Zimbabwe’s borders.
SZL Bulawayo’s generated economic value was US$45,268,313.45 for the 1st and 2nd quarter, and 86% of it was distributed amongst operational costs and payments to internal and external stakeholders. The economic value retained by SZL Bulawayo over the 1st and 2nd quarter of 2019 was US$6,324,232.01. Export earnings made up 3.4% of the economic value generated.
BeitBridge Juicing Company
BBJ generated economic value of US$40,378,818.65 for its stakeholders over the 1st, 2nd and 3rd quarters of 2019, and distributed 46% of it amongst operational costs and payments to internal and external stakeholders. This resulted in the business unit retaining an economic value of US$21,811,345.00. Export sales made up 9.6% of the economic value generated, which shows that the BBJ can realize increased revenue from foreign markets.
Our organisation is mindful of the impacts that can arise from the supply chain and raw material sourcing. We have incorporated sustainable procurement in our operations in order to ensure that sustainable development is espoused throughout the life cycle of our operations. We have developed procedures for selecting suppliers in a manner that considers environmental, social and economic performance. Due to the fact that we recognise the potential environmental and social impacts of procured goods, we strive to build capacity throughout the value chain. We periodically evaluate the performance of suppliers to check whether their performance is in line with our requirements.
67a Woolwich Road,
+263 242 620 232 – 6
Mazunga Estates Beit Bridge, Zimbabwe
+263 286 229 65
Stand No. 210 Mutiti Drive Ruwa, Harare, Zimbabwe
+263 8677 000 390