Company News
9 months ago | August 18, 2023
Zulu Lithium operations temporarily suspended
Oliver Kazunga PREMIER African Minerals has temporarily suspended operations at the Zulu lithium and tantalum project in ...
New concentrator starts paying dividends for Zimplats
Business Writer Zimplats Holding Limited’s third concentrator commissioned earlier this year, benefitted the group’s 6E ...
9 months ago | August 11, 2023
Companies prioritise cost rationalisation
Nelson Gahadza Listed companies have continued to prioritise cost rationalisation as a survival strategy in the face of ...
Blanket Mine posts 7 800 ounces in July
Oliver Kazunga BLANKET Mine produced 7 829 ounces of gold and a “strong” operating cash flow, demonstrating that ...
Rand persistence depreciation impacts on Zimplats’ capital base
Oliver Kazunga South Africa’s platinum producer, Impala Platinum Holdings (Implats), which owns Zimbabwe’s biggest ...
9 months ago | July 28, 2023
About Rio Zim
RioZim is incorporated in Zimbabwe and is listed on the Zimbabwe Stock Exchange. The company boasts of a wide array of ...
New fund to target distressed real estates
Business Writer A private limited company, Firmcare Construction, is in the market to raise funding for investment in ...
RTG to cash in on elections
Nelson Gahadza National harmonised elections are a tale of mixed bag for many businesses in Zimbabwe. Many firms while ...
POSB seeks to raise US$10m through IPO
Michael Tome PEOPLE’s Own Savings Bank (POSB) says it seeks to raise US$10 million through Initial Public Offering and ...
Padenga seeks full control of Dallaglio
Nelson Gahadza Padenga Holdings is set to acquire the remaining 49.9 percent shares in Dallaglio Investments and gain ...
Unki production in marginal increase
Enacy Mapakame Total platinum group of metals (PGM) production at Unki Mine for the half year to June 30, 2023 rose by a ...
9 months ago | July 27, 2023
Natbrew’s expects full year losses
Tapiwanashe Mangwiro National Breweries (Natbrew), a unit of Delta Corporation Zimbabwe, says its loss per share could ...
9 months ago | July 21, 2023
Econet fears foreign currency challenges
Michael Tome Business Writer ECONET Wireless Zimbabwe (EWZ) says it fears that foreign currency challenges will ...
Unki’s performance weigh parent company
Business Writer Anglo American Platinum Limited’s local unit, Unki Mine recorded platinum group of metals (PGM) ...
10 months ago | July 14, 2023
Unifreight banks on new trucks fleet to increase volumes
Michael Tome Transport and Logistics firm, Unifreight Africa, says it expects the recently enhanced fleet size to ...
Border Timbers receive offer for controlling stake in the company
Business Writer Border Timbers said on Monday it received an offer from Cicada Plantations Zimbabwe (CPZ), which seeks ...
Freda annualised output dips 29pc
Oliver Kazunga Power supply constraints experienced in first half of this year saw Zimbabwe’s largest gold producer, ...
10 months ago | July 7, 2023
Depressed consumer spending weighs down CFI
Enacy Mapakame Depressed consumer spending due to the obtaining economic headwinds weighed on CFI Holdings Limited’s ...
Pricing headache for TSL as local dollar plummets
Michael Tome TSL Limited says local currency devaluation and the widening gap between the official and parallel market ...
Balancing incentives for domestic investment and FDI
Note from the ZNCC The 2023 Zimbabwe National Chamber of Commerce (ZNCC) Annual Congress was held from June 28-30, 2023 ...
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