About Us

CFI Holdings Limited (‘CFI’ or the ‘Group’) is a Zimbabwean based ZSE listed diversified conglomerate predominantly involved in agro-industrial processing, retailing, offering irrigations services, retailing and property management and development.  The Group has its roots in the Farmers’ Cooperative Society formed in 1908 with the principal objective of marketing maize. Following the acquisition of the Farmers’ Cooperative Society (Farmers’ Coop), the co-operative evolved to become an agro-based industrial holding company with its activities falling under three major operational divisions: Retail, Poultry and Specialised. The Group’s operations are all intricately linked to create synergies around its flagship Poultry division.

Retail Division

Farm & City Centre

Farm & City operates the Group’s hardware retail chain. Its main product lines comprise agro-industrial inputs, handy tools, building materials and general motor spares and accessories. Farm & City has 32 branches across the country and is represented in all the major cities and centres of economic activity. The outlets operate mainly out of retail estate owned by the Group. The extensive branch network presents a ready distribution channel for suppliers of agro-industrial inputs, buildings materials and other hardware materials in the FMCG category.

VETCO

Vetco exists to provide technical advice and assistance to all of the Crest Poultry Group’s operations. In addition, they provide poultry management technical support to the Group’s contract broiler growers and third parties. Vetco also retails veterinary drugs for poultry and livestock within the Farm & City hardware outlets.

Farming Division

Glenara Estates

Glenara Estates is a 2000 hectare farm some 18km to the North of Harare. It combines crop production (mainly maize, soya beans and horticultural products) with livestock and broiler production. Some of the poultry facilities are used for broiler parent breeders rearing and production to complement breeding operations undertaken by Hubbard Zimbabwe.

Suncrest Chickens

Suncrest Chickens, just on the outskirts of Harare houses the Crest Poultry Division’s abattoir which is responsible for processing slaughtered broilers from Glenara Estates and Crest Breeders into dressed chickens. The dressed chicken is distributed to the country’s leading retail outlets, hotels and fast food outlets in addition to some direct sales undertaken through Suncrest Chickens’ own shops.

Hubbard Zimbabwe

Hubbard Zimbabwe owns a 1 320 hectares broiler breeding farm in Beatrice some 60km to the south-west of Harare. This operation is at the core of poultry production in the Crest Poultry Group. Hubbard receives grand-parent breeding stock from France and rears these into parents and eventually sell off hatching eggs, broiler parents and day old chicks into the local and regional market. The SBU has exclusive and non-exclusive rights to market the Hubbard poultry products into SADC and central and north African market. The operations have capacity to hold 26 000 grandparent breeders and 302 000 parents.

Crest Breeders

Broiler day old chicks produced at Hubbard are either sold to the third party market or placed on the 4 000 hectare Crest farm some 25 km to the South of Harare for broiler production. In addition Crest also has a layer operation for table eggs production and undertakes maize and soya production which helps with meeting its feed requirements for the poultry operations. Mature broilers are then send for processing at the abattoir at Suncrest Chickens. The operation has capacity to hold approximately a million birds at any stage.

Milling Division

Victoria Foods

Victoria Foods owns and operates maize and flour milling plants in Harare and Gweru. They are also involved in the processing of snack foods and down-packing of household commodities like salt, rice, sugar beans, pasta, matemba, etc. The Company has the capacity to mill 3 000 tonnes of maize and 6 000 tonnes of wheat monthly.

Agrifoods

Agrifoods manufactures a scientifically balanced range of stock feed for cattle, poultry, ruminants and other specialized feeds, including those for breeder, layers’ and broilers’ operations. The SBU operates two plants, one in Harare and the other in Bulawayo. The installed capacity is 20 000 tonnes per month.

Agrimix

Agrimix primarily produces and supplies vitamin and mineral supplements for livestock to Agrifoods and third parties. Its popular product line includes ‘pre-mixes’ mainly sold to third partied who will then enhance third party feed by mixing these with cereal crushed feed on the farms.

Properties Division

Saturday Retreat Estate

Maitlands

The Group owns a 45% equity stake in this property development Company. Maitlands Zimbabwe owns 3041 units undeveloped high density stands to average 300m2, having previously sold almost 400 stands in Crest Township, just next to one of Harare Zimbabwe’s popular Glen View suburb. Beyond this, Maitlands offers the full-fledged real estate services encompassing property management, valuations, property development and sales & letting.

Reston Developers