Company News
3 months ago | February 16, 2024
Nyakudya relives company successes as its turns 85
One of Zimbabwe’s oldest companies, Zimplow Limited, turns 85 years old this year and to mark this milestone, our Deputy ...
Airbus Works on next generation jets with Boeing stuck in crisis
Airbus SE said it wants to replace its bestselling A320 family by the mid-2030s, embarking on an all-new program that ...
Berkshire offloads 10M Apple shares
Berkshire sold 10 million shares of Apple and now holds 905 million shares of the iPhone maker now worth about US$166 ...
Deere cuts 2024 profit view as borrowing costs hurt demand
Deere & Co cut its 2024 profit forecast on Thursday as farmers remained hesitant about big-ticket equipment ...
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 ...
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