Company News

12 mins ago | December 2, 2022

Low disposable incomes hit Meikles

Tapiwanashe Mangwiro Listed hospitality and retail group, Meikles Limited, reported an inflation adjusted net profit ...

Innscor Africa on growth trajectory

Enacy Mapakame        Diversified industrial conglomerate, Innscor Africa Limited, is projected to maintain growth in ...

Volatile economic conditions cause for concern: EcoCash

Enacy Mapakame Listed fintech group- EcoCash Holdings Limited — says the volatile economic conditions in the country are ...

68 Ridgeway Mall goes power eco-friendly with solar

Enacy Mapakame Zimbabwe has been experiencing power shortages for years and government has been advocating for citizens ...

1 week ago | November 25, 2022

Edgars expands product portfolio

Nelson Gahadza Clothing retailer, Edgars Stores Limited, has reportedly stopped opening new ZWL credit accounts, ...

Zimoco launches Jeep Grand Cherokee

Michael Tome THE all-new 2022 Jeep Grand Cherokee made its way into the Zimbabwean market last Friday after official ...

Turnall volumes fall 34pc in Q3

Business Writer Zimbabwe Stock Exchange-listed manufacturer, Turnal Holdings Limited, suffered a volume reduction of 34 ...

GB Holdings optimistic of profitability in FY22

Business Writer GB Holdings expects a significant recovery in the fourth quarter underpinned by a strong order book at ...

PPC Zim effects US dollar price increases

Nelson Gahadza PPC Zimbabwe says it implemented US dollar price increases three times this year in order to recover ...

2 weeks ago | November 18, 2022

Simbisa on track for VFEX listing

Enacy Mapakame Quick restaurants services group Simbisa Brands Limited is on track with its plans to migrate to the ...

Innscor spreads US$56m on 8 business units

Nelson Gahadza Innscor Africa Limited says the planned US$56 million investment in financial year 2023 will be spread ...

We’re not under liquidation threat: Telecel

Business Writer Telecel Zimbabwe has refuted claims it may go into liquidation, claiming the financial statements used ...

Dairibord volumes drop 7pc

Enacy Mapakame Dairy and food processor – Dairibord Holdings’ volumes performance for the third quarter to ...

3 weeks ago | November 11, 2022

CBZ looks into new business models

Nelson Gahadza CBZ Bank says traditional lines of business are consciously stretching into new areas and new business ...

Karo operations to create 8 000 jobs

Enacy Mapakame Karo Mining Holdings (KMH), a resources exploitation firm that is developing a Tier 1 platinum group ...

Caledonia deploys cashflow into exploration

Michael Tome CALEDONIA Mining Corporation says it will deploy supplementary cash into its exploration and project ...

4 weeks ago | November 4, 2022

Innscor Africa pours US$56m for expansion

Enacy Mapakame Diversified industrial group — Innscor Africa Limited — has poured US$56 million worth of investment for ...

FCB savings campaign set to end on a high note

Business Writer First Capital Bank’s (FCB) campaign to encourage savings will end with a bang this coming Saturday as it ...

Non-AITA membership chokes Air Zimbabwe

Oliver Kazunga in Victoria Falls AIR Zimbabwe’s operational efficiency continues to be bogged down by the national ...

Loan terms and conditions attract NMB Bank applicants

Michael Tome NMB Bank says the terms and conditions of the recently availed lines of credit from external financial ...