Company News

1 hour ago | February 22, 2019

Ariston in sustained profitability period . . . Revenue will ...

Diversified agro-industrial concern, Ariston Holdings, which is also listed on the Zimbabwe Stock Exchange, has now ...

Varun Beverages to invest US$30m in agro-processing . . . Company ...

Indian beverages firm, Varun Beverages, is eyeing agro-processing business in a move meant to boost export earnings for ...

Karo commences platinum exploration . . . Exercise to determine ...

Karo Mining Holdings has commenced exploration to delineate the platinum group metals (PGM) resource at its mining ...

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Econet Wireless Zimbabwe is the country’s largest provider of telecommunications services, providing solutions in mobile ...

2 weeks ago | February 8, 2019

Forex shortages strain Nampak Zim . . . Firm developing export ...

Kudzanai Sharara Limited availability of foreign currency to import critical raw material continues to constrain the ...

Pepsi to commission new can husk line

Michael Tome Soft drinks manufacturer  Pepsi  this week announced plans to commission a new can husk line as the firm ...

PPC in belt-tightening crusade

Michael Tome Cement producer, PPC Zimbabwe, is working on a cocktail of measures to ensure cash preservation and ...

Privatisation: Lessons from Dairibord

Tawanda Musarurwa Zimbabwe has been looking to privatise several of its parastatals and state enterprises for almost two ...

ZIMSEZA approves $22m worth of investments

Michael Tome The Zimbabwe Special Economic Zones Authority (ZIMSEZA) has to date approved $22 million worth of ...

3 weeks ago | February 1, 2019

Zimplats profit jumps 56pc . . . Makes more money from palladium

Enacy Mapakame Resources group, Zimplats Holdings Limited’s profit for the quarter to December 2018 jumped 56 percent to ...

Dairibord Moza milk deal hits snag

Tawanda Musarurwa Milk processor Dairibord Zimbabwe Limited’s deal to import raw milk from neighbouring Mozambique could ...

1 month ago | January 18, 2019

Internet blackout to affect Econet revenue

Business Writer Mobile and internet service providers are set to suffer heavy revenue losses amid the internet blockade ...

Insurance sector focuses on digital transformation

Enacy Mapakame Zimbabwe’s insurance industry will this year focus on digital transformation to enhance convenience, ...

Safari industry in record performance. . . as revenue tops $150 million

Martin Kadzere Zimbabwe’s lucrative safari industry witnessed its best performance since the country’s independence in ...

ZB draws down $120m on road rehabilitation

Natasha Chamba Listed financial services group ZB Financial Holdings has so far drawn down $120 million of the targeted ...

Border revenue up 15pc

Kudakwashe Mhundwa Agro-industrial concern, Boarder Timbers says revenue for the five months to 30 November 2018 grew by ...

Auto Tyre Zim dissolves pension fund

Oliver Kazunga Auto TYRES Zimbabwe, formerly Dunlop Zimbabwe, says its pension fund will be dissolved at the end of the ...

1 month ago | January 11, 2019

United Refineries focuses on export market reconnection . . . ...

Kudzanai Sharara Leading personal care and agro-commodities processor, United Refineries Limited (URL), will this year ...

Delta explains regional expansion drive

Enacy Mapakame Zimbabwe’s largest beverages manufacturer Delta Corporation, said yesterday it will bid for assets in the ...

Data, internet to spur Econet’s 2019 revenue

Enacy Mapakame Analysts have projected data and internet to drive telecoms giant Econet’s business post unbundling as ...