Company News
4 mins 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 ...
Contango misses March production, sales target
Tapiwanashe Mangwiro Contango Holdings, the London listed natural resource development company, has provided an update ...
1 week ago | March 24, 2023
‘Inhibiting policies to weigh on operating environment’
Nelson Gahadza Old Mutual Investment Group Zimbabwe (OMIGZIM), has said an increasingly fragile political environment ...
TV Sales & Home sees growth despite economic challenges
Enacy Mapakame TV Sales & Home, a leading retailer of home appliances and electronics, has recorded a 22 percent ...
TSL positions self to lead in tobacco sector
Michael Tome TSL Limited says its division, Tobacco Sales Floors (TSF), has doubled up the capacity of its Mvurwi floors ...
Property sector battles for survival
Nelson Gahadza The country’s property market continues to evolve for survival in response to the headwinds in the ...
2 weeks ago | March 17, 2023
Anglo American Platinum flags Zim operating environment
Nelson Gahadza Anglo American Platinum Limited, a South Africa-based mining company has flagged three key material risks ...
PPC Zim engages authorities to minimise impact of power cuts
Nelson Gahadza Business Writer PPC Limited says notwithstanding market conditions, PPC Zimbabwe remains positive about ...
‘shrewd, selfless business leader’
Jonathan Waters John Koumides, who has died aged 65, was a corporate executive with a chartered accountant background, ...
Willdale still in negotiations for asset disposal
Tapiwanashe Mangwiro Listed brick maker, Willdale, has issued a further cautionary statement advising shareholders that ...
4 weeks ago | March 3, 2023
OK Zim’s Food Lovers ordered to buy local
Business Writer OK Zimbabwe will have to procure the bulk of its vegetables from local farmers as part of conditions for ...
Reduced commodity prices affect Zimplats earnings
Nelson Gahadza Zimbabwe’s leading platinum producer, Zimplats, says lower average prices for most of the metals it ...
Tongaat business rescue plan now due end of March
New deal from lenders gives Tongaat more timeTongaat Hulett’s business rescue practitioners said last week that the ...
1 month ago | February 24, 2023
Power challenges pressure companies’ margins
Nelson Gahadza Continued power supply constraints remain a major cause for reduced margins and increased operating costs ...
Econet demand for forex continues to bulk
Michael Tome ECONET Wireless Zimbabwe (EWZ) has hinted that it will continue to find opportunities to access foreign ...
Spear Capital backs Greenwave Milling with debt facility
Business Writer Spear Capital, a private equity firm based in Cape Town, has invested in Greenwave Milling, a local ...
Tanganda renewable energy strategy pays off
Business Writer Tanganda Tea Company, the largest producer, packer and distributor of tea products in Zimbabwe says ...
1 month ago | February 17, 2023
Sovereign Wealth Fund eyes ZHL stake
Business Writer The Sovereign Wealth Fund of Zimbabwe is looking at acquiring a majority shareholding in diversified ...
SI 98 takes toll on Hippo Valley
Business Writer Hippo Valley Estates says Government’s suspension of import duty through Statutory Instrument 98 on 16 ...
African Sun presses ahead with US$4m upgrade
Oliver Kazunga Listed hospitality group, African Sun Limited, says the first phase of the US$4 million major upgrade ...
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