IN A strategic move to bolster its paper division’s prominence and recoup diminished volumes, Amalgamated Regional Trading (Art) has disclosed plans to widen its operational reach across the region.
Chief executive Milton Macheka addressed shareholders during a recent annual general meeting, revealing a downturn in the paper business for the initial four months concluding in January 2024.
The slump followed the transfer of converting apparatus from Harare to Kadoma, resulting in a temporary stock outage. Nevertheless, the completion of this transition marks a turning point, with Macheka expressing optimism about amplifying production henceforth.