Company News

5 months ago | November 17, 2023

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 ...

6 months ago | November 3, 2023

Tigere ready to acquire Highland Park Phase 2

Michael Tome Business Writer TIGERE Property Fund has announced its intention to officially start operating Highland ...

Edgars shares soar 6pc on management changes

Tapiwanashe Mangwiro Clothing retailer, Edgars Stores Limited, experienced a substantial surge in its shares, up by ...

Powerspeed taps into construction boom

Enacy Mapakame One of the country’s largest electricals and hardware suppliers, Powerspeed Electrical Limited’s ...

High hopes for oil, gas drilling as Invictus raises US$39m

Oliver Kazunga INVICTUS Energy, the Australian company scouting for oil and gas in Muzarabani and Mbire districts of ...

6 months ago | October 27, 2023

BAT Zim registers US$16m with RBZ

Nelson Gahadza BAT Zimbabwe, a listed cigarette manufacturer, says that as of June 2023, it registered US$15,7 million ...

Padenga doubles renewable energy generation capacity

Michael Tome PADENGA Holdings Limited says it intends to double its solar farm output capacity, as it mulls to become ...

Power tariff increase welcome: Industry

Michael Tome INDUSTRIALISTS say the recently effected electricity tariff increase is a positive development if it ...

Remodelling Meikles business pays off

Business Writer MEIKLES LIMITED, a once formidable group of companies in Zimbabwe, has over the years been involved in ...

6 months ago | October 20, 2023

Border Timbers, Govt in award settlement talks

Enacy Mapakame In a significant development in pursuit of justice and financial recovery, timber processor, Border ...

National Foods multiple investments to drive capacity

Business Writer Brokerage firm, IH Securities, says National Foods’ multiple investments are scheduled to increase ...

Stanbic China Day kicks off

Business Correspondent The second edition of the annual Stanbic China day kicked off on Thursday as the leading ...

Cairns now using 100 percent locally produced potatoes

Michael Tome CAIRNS Foods Limited says it has recorded substantial wins in its import substitution drive after it ...

7 months ago | October 13, 2023

African Sun terminates casino business

Enacy Mapakame Victoria Falls Stock Exchange (VFEX) listed hospitality group, African Sun Limited, says it terminated ...

Padenga restructures business, management

Business Writer Padenga Holdings has restructured its business following approval by shareholders to acquire the ...