Skip to content
Skip to content
Menu
Chengeto Holdings
  • Home
  • About Us
  • Our Divisions
    • Pest Control & Fumigation Services
    • Waste Management Services
    • Bulk Water Delivery Services
    • Insured Tree Cutting Services
  • Social Responsibility
  • Careers
  • Blog
  • Contact Us
Chengeto Holdings

PlantQuip Zimbabwe eyes growth in market share

By anashe on November 12, 2023November 16, 2023

Chengeto Holdings (CHL) infrastructure development division PlantQuip Zimbabwe, is upbeat about the growth of its operations and market share in Zimbabwe.

Chengeto Holdings Founder & Chief Executive Officer Mr Irenius Mhemba at a construction site in Mutare in October 2023

By definition, a company’s market share is the percentage it controls of the total market for its products and services. Market share is an essential metric for any business because it is an indicator of a company’s profitability and success. For PlantQuip Zimbabwe, this measure is important as it signals dominance in the plant and equipment industry in Zimbabwe.

Market share can affect operations, pricing of products and services and for companies listed on the Zimbabwe Stock exchange, stock market performance. A growing market share therefore means growing revenue. A business can therefore scale up its operations and opportunity for greater profitability.

Advert

End of Advert

“We have seen both the private and public sector investing into more construction projects despite the slaggard economy. Generally, both the private and public sectors have not ceased at anytime considering a home or property as an investment haven. Moreover, the focus the government is putting into infrastructure development in roads, dams and other infrastructure is of strategic importance to our growth. In mining, the ubiquity of minerals in Zimbabwe has led to more investment being channelled into the sector by both private and public players. This has constributed to us having this positive outlook”, pointed out Irenius Mhemba, the Founder and CEO of Chengeto Holdings

PlantQuip Zimbabwe is a business entity that hires out construction, mining and agriculture plant and equipment. It also sources new and used plant and equipment for individual and corporate clientele. Construction plant and equipment hired out includes earthmoving equipment like excavators, bulldozers, front end loaders, roller compactors, graders, tractor loader backhoes (TLBs and more.

Post navigation

Pest Portal Zimbabwe gets geared for the warmer pest swarming season
Chengeto Holdings sponsors 247 Bulk Water Network Get Together, Mix & Mingle Party

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advert

©2025 Chengeto Holdings