Company News

3 months ago | February 13, 2024

Edgars to list on VFEX, abandons ZSE

Enacy Mapakame Listed clothing retailer, Edgars Stores Limited, has revealed its intention to delist from the Zimbabwe ...

3 months ago | February 9, 2024

About Ecocash

Econet Wireless Zimbabwe Limited is the largest mobile telecommunications, technology, and digital solutions company in ...

Khaya Cement faces going concern uncertainties

Business Writer Khaya Cement, formerly Lafarge Cement Zimbabwe, finds itself navigating a precarious financial ...

Invictus opens Entitlement Rights Offer to eligible shareholders

INVICTUS Energy says its entitlement rights offer launched towards the end of last month is now open to all eligible ...

New Sahara Ventures invests US10 million in renewable energy

Business Writer NEW Sahara Ventures has spent over US$10 million developing renewable energy projects across the country ...

Disney, Fox and Discovery to create joint sports streaming platform

Fox Corp, Walt Disney’s ESPN and Warner Bros Discovery said on Tuesday they will come together to launch a sports ...

McDonald’s blames Israel’s war in Gaza for missing sales target

McDonald’s has cited Israel’s war in Gaza as a factor in the fast food giant missing its first quarterly sales target in ...

BAT in biggest gain since 2020

British American Tobacco Plc’s shares rose the most in nearly four years after it said it was trying to overcome ...

3 months ago | February 6, 2024

Proplastics secures adequate raw materials

Business Writer Proplastics says it has secured sufficient raw materials to ensure stock availability in the market, ...

3 months ago | February 2, 2024

Tanganda assures customers more cups of tea

Tapiwanashe Mangwiro Listed horticultural firm, Tanganda Tea Company, a stalwart in the tea industry, has demonstrated ...

Prospect shifts focus to copper

Business Writer SOUTHERN Africa-focused mining group, Prospect Resources, is shifting focus to copper and rare earth ...

Ariston decries RBZ’s 25pc retention policy

Michael Tome ARISTON has bemoaned the Reserve Bank of Zimbabwe (RBZ)’s 25 percent export retention growing disparity ...

Bitter Sugar: starafrica sweetens revenue, but profits plummet

Business Writer Starafrica corporation, Zimbabwe’s leading sugar producer, paints a bittersweet picture in its latest ...

3 months ago | February 1, 2024

NetOne’s auditor flags material uncertainty related to going concern

Business Writer NetOne’s external auditor, Grant Thornton Chartered Accountants (Zimbabwe), has raised a material ...

3 months ago | January 31, 2024

Tanganda Tea invests in El Nino effects mitigation measures

Business Writer Massive investments in dams, reservoirs and high-technology precision irrigation will mitigate the ...

3 months ago | January 26, 2024

Tongaat rescue plan to drive group, subsidiaries into the future

Enacy Mapakame The implementation of a business rescue plan at sugar processor, Tongaat Huletts, is expected to help ...

3 months ago | January 25, 2024

I cent per share for Tongaat shareholders as new deal whittles value

Moneyweb Tongaat Hulett’s thousands of shareholders should sell their shares in the financially-hamstrung  suspended ...

3 months ago | January 23, 2024

Hippo Valley, Govt in talks over 99-year-leases

Enacy Mapakame The country’s biggest sugar producer, Hippo Valley Estates, is still in negotiations with Government over ...

3 months ago | January 19, 2024

Econet calls for fair tariff regulations

Enacy Mapakame The country’s largest mobile network operator Econet Wireless Zimbabwe has called for fair regulation ...

Tharisa targets US$260m for operations

Enacy Mapakame Tharisa Plc — parent company for Karo Mining Holdings (KMH), is planning a US$260 million capital raise ...