Company News

5 months ago | December 8, 2023

AfDB approves $15m facility for NMB

Business Writer The African Development Bank (AfDB) has approved a US$15 million Trade Finance Transaction Guarantee ...

5 months ago | December 5, 2023

Business Weekly, Zimpapers employees win awards

Business Writer Zimpapers employees from the Digital and Publishing Division (DAP), were last Friday honoured by ...

5 months ago | December 1, 2023

Zimplow closer to Barzem takeover

Nelson Gahadza Diversified agro-concern, Zimplow Holdings, says it is close to securing the 49 percent shares in Barzem ...

Unreliable power supply choking businesses: RioZim

Michael Tome RIOZIM Limited says the unreliable provision of power is likely to pose a significant risk and drawback to ...

Padenga gold production jumps 12pc

Business Writer PADENGA Holdings Limited says improved plant throughput at Eureka Mine and the addition of a new mill at ...

5 months ago | November 28, 2023

Meikles post interim profit despite group’s increased ...

Tapiwanashe Mangwiro Business Writer Zimbabwe Stock Exchange (ZSE) listed retail and hospitality group Meikles Limited ...

5 months ago | November 24, 2023

‘Lack of cheap long-term capital choking operations’

Michael Tome Business Writer TRANSPORT and Logistics firm, Unifreight Africa says lack of affordable and long-term ...

Econet contributes $400bn to fiscus in H1

Business Writer Econet Wireless Zimbabwe, the country’s largest telecommunications and technology firm has reported an ...

5 months ago | November 22, 2023

Triangle resumes operations after fire accident

Business Writer A fire broke out at the Triangle Sugar Mill on Saturday afternoon, causing damage to two MVA ...

Delta asserts dominant position in market

Tapiwanashe Mangwiro Beverages giant, Delta Corporation, reported a $339 billion inflation adjusted after tax profit for ...

5 months ago | November 20, 2023

Zimpapers back to profitability

Business Writer The country’s biggest and only listed media group on the Zimbabwe Stock Exchange, Zimbabwe Newspapers ...

Unifreight Q3 2023 volumes are up 135 percent

Business Writer Listed logistics firm, Unifreight Africa, says volumes a key indicator of demand, rose 135 percent to ...

5 months ago | November 17, 2023

NRZ REIT to list on ZSE, targets US$8m through an IPO

Nelson Gahadza THE NRZ Contributory Pension Fund (NRZCPF) will list its Real Estate Investment Trust (REIT), known as ...

Economic environment dampens ZB Financial Holdings

Business Writer ZB Financial Holdings says it remains pessimistic about the future economic environment given the severe ...

Invictus to overcome minor glitches

Oliver Kazunga INVICTUS Energy, the Australian firm exploring for oil and gas in Muzarabani and Mbire districts, has ...

ZNCC 2023 Annual State of Industry, Commerce Survey launch on ...

Note from ZNCC The Zimbabwe National Chamber Commerce takes pride in leading discourse on national issues pertaining to ...

5 months ago | November 15, 2023

Turnal to acquire new sheeting plant for Harare market

Business Writer Turnall Holdings Limited says the acquisition of a new sheeting plant for Harare, is now at an advanced ...

5 months ago | November 14, 2023

PSMAS to appoint interim manager

Business Writer The Premier Service Medical Aid Society (PSMAS) is set to appoint an interim manager to oversee its ...

NRZ turnaround strategy bearing fruits

The National Railways of Zimbabwe (NRZ) turnaround strategy being implemented by the new management is bearing fruits as ...

6 months ago | November 8, 2023

AfDIS half year turnover balloons to US$25m

Business Writer Listed spirits and wines producer, African Distillers (AfDIS), reported a 988 percent rise in inflation ...