Business News

3 years ago | June 25, 2021

Light on the horizon: Special Drawing Rights (SDR) & ...

The issuance of the Special Drawing Privileges by the International Monetary Fund provides a hopeful panorama for ...

White farmers happy with US$1m payment

Golden Sibanda WHITE former commercial farmers who lost farmland under the Government sponsored land reform programme ...

Tough conditions for MSMEs loan facility

Business Writer Small businesses would be in need of funds as the lockdown has hurt them the most, but they are going to ...

Prospect nears production

Prospect Resources Ltd has completed around 92 percent of the engineering, procurement and construction (EPC) scope for ...

Seven projects get prescribed asset status

Tawanda Musarurwa Treasury has granted prescribed asset (PA) status to seven major projects, including two that are ...

Nyaradzo diversifies into agriculture

Business Writer Sahwira Agriculture, a company that is chaired by businessman Philip Mataranyika, is in the market to ...

Covid-19 ravages farmers despite essential service status

Business Writer Despite their activities being designated as essential services since the start of Covid-19 induced ...

$500m MSMEs loan ready for disbursement

Martin Kadzere Zimbabwe’s central bank on Wednesday issued guidelines for the disbursement of $500 million medium term ...

Debts, vaccines shortages pull back Africa

Martin Kadzere A slower vaccine roll-out and mounting debts have been cited as huge challenges that stand in the way of ...

OK revenue projected to double

Enacy Mapakame The country’s biggest retail group, OK Zimbabwe’s revenue for the financial year 22 is projected to ...

Seed Co revenues may go up six-fold

Tawanda Musarurwa  Local seed producer, Seed Co Limited’s revenues for the FY2021 could go up by over 600 percent on the ...

Strive for personal organisation

Arthur Marara “One day the widow of a member of the group of prophets came to Elisha and cried out, “My husband who ...

Kuvimba pays US$5m dividend

Minister of Finance and Economic Development Mthuli Ncube’s address on the occasion of dividend payout ceremony to ...

Sales motivation tactics for winners

Robert Gonye All the sales greats understand how important it is to develop the ability to adapt. But how do you ...

Post-pandemic return to work

The gradual easing of lockdowns and social restrictions opens the possibility of a welcome return to pre-pandemic ...

‘Custodianship of land can be a burden for the state’

The ad hoc committee tasked with amending section 25 of the constitution was due to submit its report to the National ...

Kuvimba: A game-changer for policy implementation

Tawanda Musarurwa Kuvimba Mining House is already showing efficacy in reviving the fortunes of struggling mining assets, ...

3 years ago | June 24, 2021

Kuvimba pays US$5m dividend, revives struggling mines

Mining giant, Kuvimba Mining House, has turned around the fortunes of several struggling mining assets around the ...

Delta takes over Afdis

Beverages giant, Delta Corporation, has gained a controlling stake in African Distillers Limited (Afdis) after acquiring ...

Winter wheat hectarage up 53 pc

A TOTAL of 61 801 hectares have so far been planted under winter wheat, reflecting a 53 percent increase from the area ...