Online Reporter
Nqobile Bhebhe
Zimpapers Business Hub
GENERAL Beltings Holdings Limited anticipates a strong recovery trajectory, buoyed by enhanced production capacity, internally generated working capital and the rebound in key economic sectors.
The group is strategically positioning itself to meet anticipated increases in product demand driven by the improving global and domestic economic outlook.
With the global economy showing signs of recovery and mineral commodity prices on the rise, the company expects improved demand from its industrial clients, particularly in the mining and manufacturing sectors.
Also, the favourable agricultural season is set to boost activity in both the farming and hospitality industries, supporting Cernol Chemicals’ ongoing recovery efforts.
General Beltings Holdings Limited (GBH) manufactures and distributes general-purpose and specialised reinforced conveyor belts, as well as rubber and chemical products.
In a statement accompanying the company’s financials for the year ended December 31, 2024, it said it was poised to cope with increased demand for products underpinned by enhanced production capacity and internally generated working capital funding.
“Strategic partnerships and critical skills retention remain key in the company’s ability to remain competitive in its delivery of a commensurate value proposition to its customers,” GBH said.
