CFI adopts solar energy in retail branches

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By Kundai Mudzviti
Staff Writer

CFI Holdings (CFI) has rolled out a solar systems installation program in its retail branches as the firm moves to cushion the adverse effects of power cuts as well as leaning towards cleaner sources of energy.
The Zimbabwe Stock Exchange-listed agro-based holding company is also pursuing several initiatives to curb energy consumption including the use of energy-saving bulbs, the use of natural lighting instead of artificial lighting in certain areas of its operations and the use of capacitor banks for power factor correction.
Local businesses have been turning to alternative sources of energy due to long hours of load shedding which has affected their day-to-day operations.
In its 2023 annual report, CFI said starting in FY2024, the group will track the carbon footprint for all its business units.