Thursday, September 20, 2018
Martin Kadzere BH24 Reporter ZIMBABWE’S cooking oil manufacturers have engaged local banks to fund soya bean growers to boost supply of the commodity to their crushing mills, an industry representative body said. Busisa Moyo, the president of Oil Expressers Association of Zimbabwe told BH24 that the producers were working on an arrangement...
Golden Sibanda BH24 Reporter TURNOVER on the Zimbabwe Stock Exchange (ZSE) dropped 57,27 percent $51,16 million in August driven by trades in heavyweight counters with most market indicators treading in the positive. Top seed producer SeedCo led the turnover contribution with 27 percent of the value while financial services behemoth Old Mutual...
BH24 Reporter HARARE - Listed spirits and wine manufacturer African Distillers Limited (AFDIS)’s revenue for the full year to June 30, 2018 jumped 23 percent to $30, 6 million. The improved bottomline was a result of strong volumes growth during the period under review as the firm skated foreign currency challenges...
BH24 Reporter The Australia Zimbabwe Business Council (AZBC) is today hosting the Zimbabwe Investment Forum in Perth, Australia. AZBC is a non-governmental and non-political national business chamber established to facilitate the business linkages between Zimbabwe and the Australia by engaging with governments, businesses, investors, civil societies and expatriate communities in both...
 BH24 Reporter HARARE - EcoCash and Mastercard has announced the launch of EcoCash Scan & Pay, an instant mobile payments solution for consumers and merchants, as part of their efforts to reduce cash usage and increase digital financial inclusion in Zimbabwe. The Scan & Pay payments functionality is available to EcoCash’s...
Munyaradzi Musiiwa MIDLANDS - Gweru based concrete material manufacturer, Fort Concrete’s revival is set to create more than 160 employment opportunities. Fort Concrete is a subsidiary of the regional concrete material manufacturer Aveng Infraset which will soon be operating on full capacity after Diaspora Infrastructural Development Group (DIDG) made a $3 million...
BH24 Reporter HARARE – Listed telecoms giant Econet Wireless has launched the EcoFarmer Club which offers farmers access to a rich bundle of services, that include agricultural commodity prices, valuable farming tips, relevant local weather information and a mobile trading platform which links farmers to buyers. Speaking at the launch of...
 Michael Magoronga Over 10 NetOne base stations are set to be constructed in Gokwe South as a way of curbing network connectivity challenges in the area. Recently, a base station was commissioned at Marapira Growth point and more are earmarked for construction. The Gokwe base stations project is part of the a...
Tawanda Musarurwa HARARE - NMB Holdings recorded a profit before tax of $11, 7 million for the half-year ended June 30, 2018, resulting in total comprehensive income of $9 million. This was an increase of 155 percent compared to the same period last year, when comprehensive income stood at $3, 5...
Munyaradzi Musiiwa GWERU - Cement manufacturing company Sino Zimbabwe Cement Company’s its brick and tile manufacturing plant, which was once stalled in 2016 due to the slowdown of the Chinese economy coupled with the global financial crisis, is now 70 percent complete and is expected to be commissioned in October. The...