Company News

1 month ago | March 12, 2024

FLAM outlines strategies for growth despite Challenges

Business Writer Fidelity Life Asset Management (FLAM) believes the recent lifting of sanctions will benefit the country ...

1 month ago | March 8, 2024

Nedbank unfazed by operational headwinds in Zim

Nelson Gahadza Nedbank Group says despite operational headwinds in Zimbabwe, the market remains favourable largely as a ...

About Truworths

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

Simbisa leverages on increased consumer spend, new stores rollout

Michael Tome VICTORIA Falls Stock Exchange Listed (VFEX) listed Simbisa Brands says average spend increase and new ...

Cheap imports, ZWL credit suspensions affect Truworths’ volumes

Nelson Gahadza Truworths Limited says units sold in the full year to July 9, 2023, declined by 33,8 percent due to the ...

2 months ago | March 1, 2024

Invictus ordered to explain suspected ‘stock ramp-up’

Golden Sibanda THE Australian Stock Exchange (ASX) has demanded an explanation from Invictus Energy, which recently ...

Zimplats institutes stringent measures to survive weakening PGM prices

Nelson Gahadza Zimbabwe’s platinum producer, Zimplats, says it instituted a number of survival strategies with stringent ...

Agro-focused companies project a tougher 2024

Nelson Gahadza Agro-focused companies listed on the Zimbabwe Stock Exchange (ZSE) are facing a tougher 2024 as a result ...

Simbisa streamlines portfolio to focus on core brands

Nelson Gahadza Simbisa Brands says as part of re-organisation efforts, the group has streamlined the brand portfolio to ...

2 months ago | February 29, 2024

Tanganda Tea Company investments in green energy lower the firm’s ...

Business Writer The investments by Tanganda in green energy have mitigated challenges emanating from inconsistent ...

2 months ago | February 27, 2024

Tanganda adds herbal brands to its line

Enacy Mapakame Tanganda Tea Company Limited’s says its beverages division is focused on creating and developing brands ...

2 months ago | February 26, 2024

CFI demonstrates impressive performance as sales volumes surge

Business Writer CFI, a leading player in the country’s agricultural industry, demonstrated robust performance in the ...

2 months ago | February 23, 2024

Govt loses CAPS control

Business Writer The Supreme Court has stripped Government of its majority control of pharmaceutical giant, CAPS Private ...

OK Zim struggles as compliance hurts sales

Business Writer OK Zimbabwe, one of the country’s leading supermarket chains, is facing challenges due to strict ...

Premier, Zulu contractors in crisis talks over unpaid bills

Martin Kadzere Premier African Minerals, the lead company behind the Zulu Lithium and Tantalum project, held an ...

Rolls-Royce shares jump 10pc

LONDON — Rolls-Royce shares jumped more than 10 percent on Thursday after the British aerospace group more than doubled ...

Google pauses AI image generation of people

Google has temporarily stopped its latest artificial intelligence model, Gemini, from generating images of people, as a ...

2 months ago | February 20, 2024

OK Zimbabwe records declined volumes

By Natasha Munyukwa OK Zimbabwe Limited, a leading retail group in the country, experienced a 32 percent decline in ...

2 months ago | February 19, 2024

TelOne saddled with US$400 million legacy debt, seeks US$250 ...

• CEO says inherited debt and delays in tariff reviews affecting profitability • Govt owes TelOne $184 billion, ...

2 months ago | February 16, 2024

‘Be patient, we’re building a multi-generational project’

Nelson Gahadza Karo Platinum Holdings says the size and magnitude of its upcoming open pit platinum group metals (PGM) ...