Company News

2 months ago | February 20, 2024

OK Zimbabwe records declined volumes

By Natasha Munyukwa OK Zimbabwe Limited, a leading retail group in the country, experienced a 32 percent decline in ...

2 months ago | February 19, 2024

TelOne saddled with US$400 million legacy debt, seeks US$250 ...

• CEO says inherited debt and delays in tariff reviews affecting profitability • Govt owes TelOne $184 billion, ...

2 months ago | February 16, 2024

‘Be patient, we’re building a multi-generational project’

Nelson Gahadza Karo Platinum Holdings says the size and magnitude of its upcoming open pit platinum group metals (PGM) ...

Premier goes to market seeking US$3m

Business Writer Premier African Minerals Limited is seeking to raise approximately £2,5 million (US$3.15 m) for the Zulu ...

Zimplow: 85 years of innovation, growth in Zim’s agriculture

Business Writer Founded in 1939, Zimplow has consistently adapted to meet the evolving needs of Zimbabwe’s agriculture ...

Nyakudya relives company successes as its turns 85

One of Zimbabwe’s oldest companies, Zimplow Limited, turns 85 years old this year and to mark this milestone, our Deputy ...

Airbus Works on next generation jets with Boeing stuck in crisis

Airbus SE said it wants to replace its bestselling A320 family by the mid-2030s, embarking on an all-new program that ...

Berkshire offloads 10M Apple shares

Berkshire sold 10 million shares of Apple and now holds 905 million shares of the iPhone maker now worth about US$166 ...

Deere cuts 2024 profit view as borrowing costs hurt demand

Deere & Co cut its 2024 profit forecast on Thursday as farmers remained hesitant about big-ticket equipment ...

2 months ago | February 13, 2024

Edgars to list on VFEX, abandons ZSE

Enacy Mapakame Listed clothing retailer, Edgars Stores Limited, has revealed its intention to delist from the Zimbabwe ...

2 months ago | February 9, 2024

About Ecocash

Econet Wireless Zimbabwe Limited is the largest mobile telecommunications, technology, and digital solutions company in ...

Khaya Cement faces going concern uncertainties

Business Writer Khaya Cement, formerly Lafarge Cement Zimbabwe, finds itself navigating a precarious financial ...

Invictus opens Entitlement Rights Offer to eligible shareholders

INVICTUS Energy says its entitlement rights offer launched towards the end of last month is now open to all eligible ...

New Sahara Ventures invests US10 million in renewable energy

Business Writer NEW Sahara Ventures has spent over US$10 million developing renewable energy projects across the country ...

Disney, Fox and Discovery to create joint sports streaming platform

Fox Corp, Walt Disney’s ESPN and Warner Bros Discovery said on Tuesday they will come together to launch a sports ...

McDonald’s blames Israel’s war in Gaza for missing sales target

McDonald’s has cited Israel’s war in Gaza as a factor in the fast food giant missing its first quarterly sales target in ...

BAT in biggest gain since 2020

British American Tobacco Plc’s shares rose the most in nearly four years after it said it was trying to overcome ...

2 months ago | February 6, 2024

Proplastics secures adequate raw materials

Business Writer Proplastics says it has secured sufficient raw materials to ensure stock availability in the market, ...

3 months ago | February 2, 2024

Tanganda assures customers more cups of tea

Tapiwanashe Mangwiro Listed horticultural firm, Tanganda Tea Company, a stalwart in the tea industry, has demonstrated ...

Prospect shifts focus to copper

Business Writer SOUTHERN Africa-focused mining group, Prospect Resources, is shifting focus to copper and rare earth ...