Business News

1 year ago | April 7, 2023

Econet, EcoCash in USD rights offers

Business Writer Zimbabwe Stock Exchange-listed firms Econet and EcoCash Holdings have announced plans to raise US$30,3 ...

Soaring commodity prices to spur forex receipts

Tapiwanashe Mangwiro The ever-increasing commodity prices on the international market are expected to break foreign ...

Why do you need a lawyer?

Arthur Marara “Don’t talk to me, talk to my lawyer.” This statement sounds familiar right? This is one of the statements ...

1 year ago | April 6, 2023

Simbisa to open 49 stores in six months

Tapiwanashe Mangwiro The Victoria Falls Stock Exchange listed fast foods retailer, Simbisa in its half year results, ...

TNF operationalization stalls due to leadership crisis

Business Writer  The operationalisation of the Tripartite Negotiating Forum (TNF) secretariat is stalled due to delays ...

Govt blacklists 13 contractors

Business Writer/NewZiana Finance and Economic Development Minister, Mthuli Ncube, this week announced that the ...

1 year ago | April 5, 2023

Caledonia declares dividend, gives resource update

Tapiwanashe Mangwiro  Mining concern, Caledonia Mining Corporation, has announced a quarterly dividend of 14 US cents on ...

Zimre reports impressive set of results

Business Writer Insurance giant, Zimre Holdings Limited (ZHL), has reported positive financial results for the year ...

Zim starts shisha tobacco production

Business Writer The Tobacco Industry and Marketing Board (TIMB), has licensed Cavendish Lloyd Tobacco to start shisha ...

1 year ago | April 4, 2023

NMBZ in strong financial footing

Business Writer   Financial services group, NMBZ Holdings Limited, has reported strong financial performance for the ...

Old Mutual Top Ten ETF registers first loss

Tapiwanashe Mangwiro Old Mutual Top Ten ETF (the Fund), experienced a tough year in 2022 as it closed the financial year ...

Loan facility unveiled for foundry companies

Business Writer The Industrial Development Corporation of Zimbabwe (IDCZ) has come up with a loan facility for foundry ...

1 year ago | April 3, 2023

Stanbic reports impressive results for year ending December 31 2022

Own Correspondent Stanbic Bank Zimbabwe shrugged off the prevailing economic environment to post a $49.9 billion ...

Zimpapers revenue bulks 61pc

Business Writer Zimbabwe’s largest media group, Zimpapers Limited, grew its revenue 61 percent to $18,6 billion for the ...

Khaya Cement names CEO 

Business Writer Lafarge Cement Zimbabwe Limited has appointed Innocent Zulu Chikwata as substantive chief executive ...

Huawei reports huge drop in profits, CEO’s daughter ...

news24.com Huawei posted a massive drop in 2022 profits on Friday, as the company battered by US sanctions appointed its ...

1 year ago | March 31, 2023

2023 ZITF: ZNCC to host a business luncheon

The Zimbabwe National Chamber of Commerce is scheduled to host the 2023 ZITF Business Luncheon at the ZITF grounds in ...

Pepsi rebrands

Leslie Mupeti Pepsi, one of the world’s most recognisable brands, has undergone a significant rebranding for 2023. The ...

Zimbabwe’s brand equity: Knowledge, trust and loyalty

Dr Musekiwa Clinton Tapera Destination brand knowledge comprises brand awareness, brand image and brand commitment all ...

Who moved exchange rate?

Business Writer The Zimbabwe dollar lost ground by at least 20 percent on the widely used parallel market in a very ...