Company News
1 month ago | March 15, 2024
Global downturn, local challenges strain BNC
Michael Tome Business Writer VICTORIA Falls Stock Exchange (VFEX) listed entity, Bindura Nickel Corporation (BNC) says ...
Old Mutual expects up to 45 percent jump in profit
Pan-African financial services group Old Mutual has said its profits surged as much as 45 percent last year due to ...
1 month ago | March 13, 2024
Three – month suspension for Truworths
Business Writer The Zimbabwe Stock Exchange Limited (ZSE) has suspended clothing retailer, Truworths from trading for a ...
1 month ago | March 12, 2024
FLAM outlines strategies for growth despite Challenges
Business Writer Fidelity Life Asset Management (FLAM) believes the recent lifting of sanctions will benefit the country ...
1 month ago | March 8, 2024
Nedbank unfazed by operational headwinds in Zim
Nelson Gahadza Nedbank Group says despite operational headwinds in Zimbabwe, the market remains favourable largely as a ...
About Truworths
Truworths Limited is a Zimbabwe Stock Exchange-listed clothing manufacturing company that was founded in 1957 and is ...
Simbisa leverages on increased consumer spend, new stores rollout
Michael Tome VICTORIA Falls Stock Exchange Listed (VFEX) listed Simbisa Brands says average spend increase and new ...
Cheap imports, ZWL credit suspensions affect Truworths’ volumes
Nelson Gahadza Truworths Limited says units sold in the full year to July 9, 2023, declined by 33,8 percent due to the ...
2 months ago | March 1, 2024
Invictus ordered to explain suspected ‘stock ramp-up’
Golden Sibanda THE Australian Stock Exchange (ASX) has demanded an explanation from Invictus Energy, which recently ...
Zimplats institutes stringent measures to survive weakening PGM prices
Nelson Gahadza Zimbabwe’s platinum producer, Zimplats, says it instituted a number of survival strategies with stringent ...
Agro-focused companies project a tougher 2024
Nelson Gahadza Agro-focused companies listed on the Zimbabwe Stock Exchange (ZSE) are facing a tougher 2024 as a result ...
Simbisa streamlines portfolio to focus on core brands
Nelson Gahadza Simbisa Brands says as part of re-organisation efforts, the group has streamlined the brand portfolio to ...
2 months ago | February 29, 2024
Tanganda Tea Company investments in green energy lower the firm’s ...
Business Writer The investments by Tanganda in green energy have mitigated challenges emanating from inconsistent ...
2 months ago | February 27, 2024
Tanganda adds herbal brands to its line
Enacy Mapakame Tanganda Tea Company Limited’s says its beverages division is focused on creating and developing brands ...
2 months ago | February 26, 2024
CFI demonstrates impressive performance as sales volumes surge
Business Writer CFI, a leading player in the country’s agricultural industry, demonstrated robust performance in the ...
2 months ago | February 23, 2024
Govt loses CAPS control
Business Writer The Supreme Court has stripped Government of its majority control of pharmaceutical giant, CAPS Private ...
OK Zim struggles as compliance hurts sales
Business Writer OK Zimbabwe, one of the country’s leading supermarket chains, is facing challenges due to strict ...
Premier, Zulu contractors in crisis talks over unpaid bills
Martin Kadzere Premier African Minerals, the lead company behind the Zulu Lithium and Tantalum project, held an ...
Rolls-Royce shares jump 10pc
LONDON — Rolls-Royce shares jumped more than 10 percent on Thursday after the British aerospace group more than doubled ...
Google pauses AI image generation of people
Google has temporarily stopped its latest artificial intelligence model, Gemini, from generating images of people, as a ...
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