Company News

1 month ago | October 27, 2023

Padenga doubles renewable energy generation capacity

Michael Tome PADENGA Holdings Limited says it intends to double its solar farm output capacity, as it mulls to become ...

Power tariff increase welcome: Industry

Michael Tome INDUSTRIALISTS say the recently effected electricity tariff increase is a positive development if it ...

Remodelling Meikles business pays off

Business Writer MEIKLES LIMITED, a once formidable group of companies in Zimbabwe, has over the years been involved in ...

1 month ago | October 20, 2023

Border Timbers, Govt in award settlement talks

Enacy Mapakame In a significant development in pursuit of justice and financial recovery, timber processor, Border ...

National Foods multiple investments to drive capacity

Business Writer Brokerage firm, IH Securities, says National Foods’ multiple investments are scheduled to increase ...

Stanbic China Day kicks off

Business Correspondent The second edition of the annual Stanbic China day kicked off on Thursday as the leading ...

Cairns now using 100 percent locally produced potatoes

Michael Tome CAIRNS Foods Limited says it has recorded substantial wins in its import substitution drive after it ...

2 months ago | October 13, 2023

African Sun terminates casino business

Enacy Mapakame Victoria Falls Stock Exchange (VFEX) listed hospitality group, African Sun Limited, says it terminated ...

Padenga restructures business, management

Business Writer Padenga Holdings has restructured its business following approval by shareholders to acquire the ...

Zisco to start steel production in three years

Oliver Kazunga STEEL production at the defunct Zimbabwe Iron and Steel Company (Zisco) is expected to resume in the next ...

‘Formal companies under stress’

Nelson Gahadza Formal businesses in Zimbabwe are under severe stress due to legacy issues that continue to haunt the ...

2 months ago | October 11, 2023

Priscilla Mutembwa takes helm as CEO of Cottco

Business Writer Cottco Holdings Limited (Cottco) has announced the appointment of Priscilla Mutembwa as the new Chief ...

2 months ago | October 6, 2023

National Foods flag high cost of doing business

Business Writer The cost of doing business in Zimbabwe was elevated for the 12 months to June 30, 2023 forcing National ...

Operating expenses haunt African Sun

Nelson Gahadza Hotelier, African Sun, says discontinued operations and operational costs that escalated faster than ...

About Truworths

Truworths Limited is a Zimbabwe Stock Exchange-listed clothing manufacturing company that was founded in 1957 and is ...

Significant cost increases weigh on Dairibord

Business Writer Despite recording growth in volumes and revenue, significant cost increases saw Dairibord Holdings ...

2 months ago | September 29, 2023

Zimpapers records 59 percent revenue growth

Nelson Gahadza Zimbabwe Newspapers 1980 Limited, the country’s largest integrated media group’s revenue for the interim ...

Padenga crocodile skins sales bulk 52pc

Oliver Kazunga DIVERSIFIED crocodile breeder, Padenga Holdings Limited, recorded a 52 percent spike in skin sales to 18 ...

National Foods adequately stocked, but . . .

Nelson Gahadza National Foods says it is adequately covered in terms of raw material supplies, but is worried about the ...

FBCH shareholders approve StanChart acquisition

Business Writer FBC Holdings shareholders have approved the acquisition of Standard Chartered Bank (Zimbabwe) Limited ...