By Newton M Mambande
HARARE – ZIMBABWE’S economy keeps shifting, but Dairibord Holdings Limited is proving its resilience.
In the first quarter of 2026 (Q1 2026), the company delivered a 14% jump in consolidated sales volumes and an 18% revenue rise to US$31.3 million — a testament to its strong brand portfolio and sharp management.
The beverages category led the charge with a 24% surge in volume, driven by solid performances from Pfuko maheu and Quickbrew tea. The foods segment also showed significant growth, with a 19% volume rise, attributed mainly to increased demand for yoghurts and Rabroy tomato sauce. However, the liquid milks category declined 6% in volume compared to the same period in 2024 due to production disruptions and strategic decisions to channel milk into yoghurt production.
Dairibord’s export volumes jumped 36% year-on-year, with US dollar-denominated sales rising to 95% of total sales. This growth clearly indicates the company’s ability to navigate the challenges of Zimbabwe’s economic landscape and capitalize on emerging opportunities.
One key driver of Dairibord’s success is its commitment to innovation and customer satisfaction. The company has continued investing in new products and marketing initiatives, which have helped drive sales and increase market share. Dairibord’s innovation strategy has focused on developing products that meet the changing needs of Zimbabwean consumers. For instance, the company has introduced new packaging formats such as PET bottles, which have been well received by customers.
Dairibord’s financial performance has also been supported by its cost management efforts. The company has implemented various initiatives to reduce costs and improve efficiency, which have helped boost profitability. Dairibord’s cost management strategy has focused on optimizing production processes, reducing waste, and improving supply chain management.
The company’s strong financial performance has also been driven by its commitment to corporate social responsibility (CSR). Dairibord has continued investing in various CSR initiatives, including education, healthcare, and community development programs. The company’s CSR efforts have helped improve its reputation and build trust with stakeholders.
Looking ahead, Dairibord projects continued momentum in the second quarter, underpinned by improved product supply from recent investments in production capacity. The company will maintain its focus on cost control and cash generation to strengthen its financial performance.
As an entrepreneur and researcher, I believe Dairibord’s strategic priorities — capital projects, cost efficiency, and innovation — will be crucial in driving sustainable growth and value creation. Dairibord’s strong brand portfolio, effective management, and commitment to innovation position the company for continued success in the Zimbabwean market.
Newton M Mambande is an entrepreneur and researcher with published scientific research scholarship in journals. He is reachable at newtonmunod@gmail.com or +263773411103.
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