Company News

7 months ago | September 29, 2023

National Blankets targets to produce one million blankets annually

Bulawayo Bureau BULAWAYO textile firm, National Blankets, is targeting to produce about one million superior quality ...

About Tanganda

Formed in 1924, Tanganda Tea Company has become the largest producer, packer, and distributor of tea in Zimbabwe. ...

8 months ago | September 22, 2023

Why Metro Peech has gone insolvent

Metro Peech & Browne is one of the country’s biggest wholesalers, it has just built a large new store in Harare, and ...

Seed Co reports solid performance

Enacy Mapakame Listed seed processor, Seed Co Limited International, has reported robust performance for the first five ...

8 months ago | September 15, 2023

About CBZ Holdings

CBZ Holdings (CBZH) is a diversified and listed financial services group with interests in banking, asset management, ...

Invictus starts second well drilling

Oliver Kazunga INVICTUS Energy, which is exploring for oil and gas along the Zambezi Valley, is starting a second well ...

Nampak to prioritise cost management, stock turnover

Business Writer Nampak Zimbabwe says cost containment stock turnover remains a top priority for the company in order to ...

ZNCC to host 10th edition of women in enterprise awards

Note from ZNCC The Zimbabwe National Chamber of Commerce (ZNCC) is set to host the 10th Edition of the Women in ...

8 months ago | September 8, 2023

About Nampak

NAMPAK is Africa’s leading diversified packaging manufacturer, it was created by the merging of the related packaging ...

CBZ, FMHL deal to create much-needed critical mass

Nelson Gahadza CBZ Holdings shareholding in First Mutual Holdings (FMHL) is now at 36 percent and the company believes ...

NRZ targets US$1m from leased properties

Oliver Kazunga THE financially hamstrung National Railways of Zimbabwe (NRZ), is targeting to generate at least US$1 ...

FBCH sets aside US$34m for Stanchart acquisition

Business Writer FBC Holdings has put aside US$34 million in an escrow account for the acquisition of Standard Chartered ...

8 months ago | September 1, 2023

Economics of the next five years

Note from ZNCC As the economy was heading towards the General Elections on August 23, 2023, the Government through the ...

‘Liquidity challenges present dollarisation risk’

Malvern Nkomo Nedbank Zimbabwe says sustained Zimbabwean dollar liquidity challenges would negatively affect aggregate ...

FCB loan loss ratio still manageable

Nelson Gahadza First Capital Bank (FCB) says the financial institution’s asset quality remains satisfactory with a loan ...

Contango makes first coal sale

Business Writer Contango Holdings Plc, the producing London-listed natural resource development company, has made its ...

Old Mutual eyes value preservation portfolios

Nelson Gahadza Old Mutual Zimbabwe says it will continue to invest in assets that it believes, under the current ...

Tight monetary measures take toll on Willdale

Michael Tome WILLDALE says it experienced low aggregate demand in the nine months to June 2023 on the back of tight ...

Stanbic posts 572pc growth in profit for H1 2023

Business Writer Stanbic Bank, one of the largest financial institutions in Zimbabwe, has posted an inflation adjusted ...

8 months ago | August 28, 2023

EcoSure USD book now 35pc of subscribers

Business Writer EcoSure, a subsidiary of EcoCash Holdings Limited Zimbabwe, says it managed to provide for its clients ...