Company News

3 months ago | January 31, 2024

Tanganda Tea invests in El Nino effects mitigation measures

Business Writer Massive investments in dams, reservoirs and high-technology precision irrigation will mitigate the ...

3 months ago | January 26, 2024

Tongaat rescue plan to drive group, subsidiaries into the future

Enacy Mapakame The implementation of a business rescue plan at sugar processor, Tongaat Huletts, is expected to help ...

3 months ago | January 25, 2024

I cent per share for Tongaat shareholders as new deal whittles value

Moneyweb Tongaat Hulett’s thousands of shareholders should sell their shares in the financially-hamstrung  suspended ...

3 months ago | January 23, 2024

Hippo Valley, Govt in talks over 99-year-leases

Enacy Mapakame The country’s biggest sugar producer, Hippo Valley Estates, is still in negotiations with Government over ...

3 months ago | January 19, 2024

Econet calls for fair tariff regulations

Enacy Mapakame The country’s largest mobile network operator Econet Wireless Zimbabwe has called for fair regulation ...

Tharisa targets US$260m for operations

Enacy Mapakame Tharisa Plc — parent company for Karo Mining Holdings (KMH), is planning a US$260 million capital raise ...

Invictus Energy sinks about US$50m in exploration

Business Reporter INVICTUS Energy, which is scouting for oil and gas at the Cabora Bassa Basin in Muzarabani and Mbire ...

‘NRZ uncompetitive . . . takes an upward of 50 days to deliver cargo’

Business Writer THE financially hamstrung National Railways of Zimbabwe (NRZ) has been marred by operational ...

3 months ago | January 18, 2024

Econet, Ecocash plot asset swap

Malvin Nkomo Econet Wireless Zimbabwe (Econet) and EcoCash Holdings Limited (EcoCash), being companies under the same ...

3 months ago | January 17, 2024

Gunda replaces Tsuroh at the helm of GB Holdings

Business Writer GB Holdings has appointed Joseph Gunda as the acting managing director of the company with effect from ...

3 months ago | January 15, 2024

First Mutual Life cautions shareholders

Tapiwanashe Mangwiro First Mutual Holdings has issued a cautionary statement regarding its subsidiary First Mutual Life ...

3 months ago | January 12, 2024

FMBCH anticipates 2023 profit to bulk 28 percent

Business Writer FMBcapital Holdings (FMBCH), which has banking and finance operations in the region, including Zimbabwe, ...

Willdale crusher investment pays dividends

Michael Tome WILLDALE Limited says it will continue exploring various options for enhancing plant capacity and product ...

Prospect Lithium Zim spends US$700m on Arcadia project

Business Reporter PROSPECT Lithium Zimbabwe (PLZ) has spent in excess of US$700 million towards acquisition and ...

3 months ago | January 10, 2024

CFI Holdings’ Farm and City faces difficult times

Enacy Mapakame Agro – concern, CFI Holdings Limited’s retail unit – and group’s biggest business Farm and City ...

3 months ago | January 9, 2024

Edgars makes senior appointment

Business Writer Clothing retail giant, Edgars Stores Limited, has appointed Chesternoel Mutevhe as group chief finance ...

3 months ago | January 8, 2024

Ecobank, Stanbic have best industrial relations 

Tapiwanashe Mangwiro Ecobank Zimbabwe has been recognised as the best employer by the Zimbabwe Banks and Allied Workers ...

3 months ago | January 5, 2024

Power supply remains a threat for companies

Nelson Gahadza The country’s power supply situation continues to be a liability as companies are losing production hours ...

El Niño to hit CFI sales volumes

Michael Tome CFI Holdings says it anticipates a tough operating environment in 2024 owing to the El Niño phenomenon that ...

Marula to list on the JSE/ Nairobi Securities Exchange

Oliver Kazunga UNITED Kingdom-based mining group, Marula Mining, with interest in Zimbabwe’s mining industry, has ...