Yvonne T Mutambwa
President Mnangagwa this morning commissioned a new production line for bottled water and cordial at Varun Beverages in Harare.
The production facility unveiled today marks the third phase of investment by the company in Zimbabwe.
Varun Beverages is part of private sector companies which took a leap of faith, made pledges to invest in the Zimbabwean economy and are now fulfilling all promises.
President Mnangagwa applauded Varun Beverages Zimbabwe for keeping the promise they gave in 2019, when he visited and commissioned the new Cane manufacturing.
President Mnangagwa said his administration is ready to assist companies that are showing commitment to productivity.
“….production will equally create more employment opportunities, increase household incomes and help in meeting the national demand for beverages,” said President Mnangagwa.
Varun Beverages Zimbabwe employs 2000 local Zimbabweans directly and over 3500 others indirectly.
President Mnangagwa encouraged private sectors to be innovative and also adapt to market changes.
Indian Ambassador to Zimbabwe Vijay Khandujah said Varun`s business success should inspire the strengthening of bilateral relations between the two countries.
Ambassador Khandujah thanked President Mnangagwa and his administration for ensuring an investor friendly environment.
The flourishing of companies like Varun beverages are evidence that the statement “Zimbabwe Is Open for Business” is more than just words, but an actionable national policy position.
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