Company News

2 weeks ago | October 8, 2021

Innscor Africa’s performance tracks economy

Business Writer DIVERSIFIED group, Innscor Africa Limited performance in the year ended June 30, 2021 largely tracked an ...

‘Repatriation of funds an issue, but we remain committed to Zim’

Nelson Gahadza VARUN Beverages Zimbabwe says repatriation of funds from Zimbabwe remains an issue, but the company has ...

RioZim loss widens to $1,5 billion

Business Writer Diversified resources group, RioZim Limited, performance for the half year to June 30, 2021 was subdued ...

National Foods remodels maize segment

Enacy Mapakame Food processing giant, National Foods Holdings Limited, says it is taking a cautious approach and ...

2 months ago | August 13, 2021

About NMB

NMB started operating as far back as 1993 offering what it calls supreme corporate, retail and investment banking ...

Funding delays stall Project Kilimanjaro

Enacy Mapakame Hippo Valley Estates says lack of clarity on land tenure has stalled the expansion of its Project ...

Shelther Afrique returns to market for US$1,25bn

Shelter Afrique plans to return to the market to raise US$1.25 billion in local-currency bonds by the end of the year as ...

Emirates ramps up network to adapt to travel restrictions

Emirates, the world’s largest long-haul airline before the pandemic, will restore capacity on 29 routes as the easing of ...

Blanket mine shelves Glen Hume plan

Enacy Mapakame Blanket Mine’s parent company, Caledonia Mining Corporation Plc, has shelved its Glen Hume property ...

Eureka in first gold smelt

Business Writer Eureka Gold Mine, located near Guruve, is now operational after decades of inactivity and management ...

3 months ago | August 6, 2021

Can Cassava now chart a new stronger path?

Business Writer When Cassava Smartech was demerged from Econet Zimbabwe and separately listed on the Zimbabwe Stock ...

POSB seeks Cabinet nod for ZSE listing

Business Writer POSB expects the proposal for the listing of the Bank on the stock exchange to be finalised and ready ...

First Capital back to profitability

Enacy Mapakame Financial services provider, First Capital Bank (FCB), returned to the black as profit for the year to ...

3 months ago | July 30, 2021

‘Delta’s expansion to lower operational risk’

Tawanda Musarurwa Listed beverages giant, Delta Corporation’s expansion into South Africa, will work to help lower its ...

Lafarge records solid performance

Business Writer Zimbabwe Stock Exchange listed entity, Lafarge Cement Zimbabwe, recorded a solid performance for the ...

FBC declares $19,6m dividend to Public Service Pension Fund

Business Writer FBC Holdings on Wednesday handed the remodeled Public Service Pension Fund a $19,6 million dividend ...

3 months ago | July 23, 2021

Econet steps up sustainability drive

Business Reporter Econet Wireless Zimbabwe has taken a major step in demonstrating its commitment to sustainable ...

starafrica corporation clears foreign liabilities

Tawanda Musarurwa Listed sugar processor starafrica corporation, has cleared all foreign obligations to the tune of ...

Victoria Foods ready to exit judicial management

Business Writer CFI HOLDNGS Limited’s subsidiary, Victoria Foods (Private) Limited, is set to come out of judicial ...

PPC results solid as cement despite Covid-19

Business Writer Despite the challenging economic environment and the impact of COVID-19 related lockdown restrictions on ...