Company News
8 months ago | September 8, 2023
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 ...
NSSA completes St Tropez Apartment renovation
Enacy Mapakame The National Social Security Authority (NSSA) has completed the refurbishment of its St Tropez Apartments ...
8 months ago | August 25, 2023
Zimplats records 9pc increase in 6E production
Nelson Gahadza Platinum group metals (PGM) producer, Zimplats, says the combination of improved milling, grade and ...
CTC receives five mergers in Q2
Oliver Kazunga The Competition and Tariff Commission (CTC) received five propositions by companies for merger approval ...
EcoSure customers migrate to US dollar denominated policies
Nelson Gahadza EcoSure, a subsidiary of EcoCash Holdings Limited Zimbabwe, has seen about 35 percent of its clients ...
Business capability gaps for global competitiveness
Note from ZNCC A country or business organisation that lacks the necessary human, institutional and infrastructural ...
8 months ago | August 18, 2023
Seed Co upbeat as El Nino looms
Business Writer Hybrid seed processor, Seed Co Limited, says it is striving and confident of its efforts to ensure it is ...
Padenga restructures operations for efficiency
Tapiwanashe Mangwiro Listed diversified company, Padenga Holdings limited, has restructured its operations after the ...
Ariston tea sales volumes bulk 57pc
Michael Tome Listed agricultural concern, Ariston Holdings, says export tea sales volumes grew 57 percent to 1 343 ...
Zulu Lithium operations temporarily suspended
Oliver Kazunga PREMIER African Minerals has temporarily suspended operations at the Zulu lithium and tantalum project in ...
New concentrator starts paying dividends for Zimplats
Business Writer Zimplats Holding Limited’s third concentrator commissioned earlier this year, benefitted the group’s 6E ...
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