Thursday, September 20, 2018
Tawanda Musarurwa The High Court of Zimbabwe has dismissed with costs an application by PPC Zimbabwe for an order declaring that the Zimbabwe Revenue Authority’s action to institute tax recovery measures against the cement producer is illegal. PPC was claiming that in 2009 the group recorded a loss of $3, 51...
  Tawanda Musarurwa HARARE – The National Building Society (NBS) has moved to expedite the construction of low-cost housing at Merwede, Glaudina. The Glaudina Housing Project was initiated in 1999 by the National Social Security Authority (NSSA) and was originally designed to provide fully serviced stands for owner designed and constructed housing...
Enacy Mapakame HARARE - Zimbabwean youths in the tourism sector are joining their regional counterparts in lobbying for more conducive environment for their participation in the sector as they move towards boosting its global market share and contribution towards the economy. At a conference to be held in Bulawayo from 19 to...
Tawanda Musarurwa HARARE - Zimbabwe Platinum Holdings (Zimplats)’s profit for the year to June 30, 2018 slid 94 percent to $2, 6 million from $45, 5 million in the prior comparable period. During the period under review, the platinum giant’s deferred tax charge was significantly higher than the prior year because...
Enacy Mapakame LISTED mining group, Falcon Gold (Falgold) Zimbabwe says its operations in the half year ended March 31, 2018 were affected by a strike which lasted for three months at its Golden Quarry mine. Workers at the Midlands-based gold mine downed tools from January 15 until March 13 demanding outstanding salaries dating...
BH24 Reporter HARARE - Budget airliner Fastjet, which recently launched daily flights between Harare and Bulawayo in Zimbabwe, has announced further plans to expand it route network. Additional routes will be added for Tanzania, Mozambique and South Africa. “Later this year fastjet plans to launch additional routes in both Tanzania and Mozambique...
Africa Moyo HARARE – Proflight Zambia is expected to touch down at the Robert Gabriel Mugabe International Airport on Monday morning, as it begins its new route, Harare-Lusaka. The airline will fly into Harare four times a week. The firm’s director of government and industry affairs, Captain Philip Lemba, recently said the route has been...
Elita Chikwati HARARE - The curtain on the 2018 tobacco marketing season is expected to down end of July as deliveries to the auction floors have started declining. The Tobacco Industry and Marketing Board has confirmed that after consultations with stakeholders the last day for the sales will be July 27. TIMB corporate...
Enacy Mapakame HARARE - Econet’s mobile money service Ecocash will further review downwards its tariffs as it enhances the ease of transaction on the backdrop of increase in use of mobile money. Speaking at the launch of its latest offering, Ecocash business wallet, Ecocash chief executive officer Natalie Jabangwe said the firm...
BH24 Reporter HARARE –ProVia, the safety-focused and reliable budget parts aftermarket brand for commercial vehicle braking systems, has announced its launch in 10 countries across the Southern African region, including Zimbabwe. It is now available in 55, two years after it was launched by the WABCO Group. From its distribution center near...