Company News
3 months ago | January 12, 2024
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 ...
4 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 ...
4 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 ...
4 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 ...
4 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 ...
Ariston enjoys good tea prices
Enacy Mapakame Listed agricultural concern Ariston Holdings Limited expects to start seeing positive contribution from ...
Metro Peech retrenchees cry foul over package
Business Writer SOME retrenched workers at Metro Peech & Browne Wholesalers Limited– currently under corporate ...
4 months ago | December 21, 2023
Companies lean against USD sales for survival
Nelson Gahadza Zimbabwean businesses in 2023 experienced two different operating environments, which resulted in ...
Currency instability erodes Edgars’ sales
Michael Tome EDGARS Stores Limited, says its unit sales receded 2,4 percent year on year to October on the back of ...
National Foods invests in measures to curb cyberattacks
Business Writer Leading food processing giant for both human and animal consumption, National Foods Holdings Limited, ...
High cost of doing business worries OK Zim
Nelson Gahadza Ok Zimbabwe says that as a consequence of exchange rate deterioration, the cost of doing business has ...
4 months ago | December 15, 2023
Ecobank secures US$200m climate financing facility
Enacy Mapakame Ecobank Group has secured an historic $200 million sustainability – linked loan from European ...
Stanbic voted 2023 Zim bank of the year
Business Writer Stanbic Bank has been voted 2023 Bank of the Year in Zimbabwe by world-renowned London-based magazine, ...
BNC decries unfavourable economy conditions
Michael Tome Challenging macroeconomic environment characterised by exchange rate volatility, tight monetary policy and ...
Seed Co’s vegetable unit in growth trajectory
Enacy Mapakame Seed processor, Seed Co Limited’s vegetable unit is maintaining a growth trajectory albeit the ...
5 months ago | December 11, 2023
Blue Robbon complies with CTC guidelines
Tapiwanashe Mangwiro The Commission and Tariff Commission (CTC) has said Blue Ribbon is operating within the ...
5 months ago | December 8, 2023
El Niño effects threaten Seed Co margins, sales
Nelson Gahadza One the country’s major hybrid seed processor, Seed Co Limited, anticipates reduced margins and sales ...
EcoCash decries unfavourable economic conditions
Enacy Mapakame Despite efforts to push the digital transformation agenda and financial inclusion, the obtaining ...
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