Company News

4 months ago | January 5, 2024

Metro Peech retrenchees cry foul over package

Business Writer SOME retrenched workers at Metro Peech & Browne Wholesalers Limited– currently under corporate ...

5 months ago | December 21, 2023

Companies lean against USD sales for survival

Nelson Gahadza Zimbabwean businesses in 2023 experienced two different operating environments, which resulted in ...

Currency instability erodes Edgars’ sales

Michael Tome EDGARS Stores Limited, says its unit sales receded 2,4 percent year on year to October on the back of ...

National Foods invests in measures to curb cyberattacks

Business Writer Leading food processing giant for both human and animal consumption, National Foods Holdings Limited, ...

High cost of doing business worries OK Zim

Nelson Gahadza Ok Zimbabwe says that as a consequence of exchange rate deterioration, the cost of doing business has ...

5 months ago | December 15, 2023

Ecobank secures US$200m climate financing facility

Enacy Mapakame Ecobank Group has secured an historic $200 million sustainability – linked loan from European ...

Stanbic voted 2023 Zim bank of the year

Business Writer Stanbic Bank has been voted 2023 Bank of the Year in Zimbabwe by world-renowned London-based magazine, ...

BNC decries unfavourable economy conditions

Michael Tome Challenging macroeconomic environment characterised by exchange rate volatility, tight monetary policy and ...

Seed Co’s vegetable unit in growth trajectory

Enacy Mapakame Seed processor, Seed Co Limited’s vegetable unit is maintaining a growth trajectory albeit the ...

5 months ago | December 11, 2023

Blue Robbon complies with CTC guidelines

Tapiwanashe Mangwiro The Commission and Tariff Commission (CTC) has said Blue Ribbon is operating within the ...

5 months ago | December 8, 2023

El Niño effects threaten Seed Co margins, sales

Nelson Gahadza One the country’s major hybrid seed processor, Seed Co Limited, anticipates reduced margins and sales ...

EcoCash decries unfavourable economic conditions

Enacy Mapakame Despite efforts to push the digital transformation agenda and financial inclusion, the obtaining ...

AfDB approves $15m facility for NMB

Business Writer The African Development Bank (AfDB) has approved a US$15 million Trade Finance Transaction Guarantee ...

5 months ago | December 5, 2023

Business Weekly, Zimpapers employees win awards

Business Writer Zimpapers employees from the Digital and Publishing Division (DAP), were last Friday honoured by ...

5 months ago | December 1, 2023

Zimplow closer to Barzem takeover

Nelson Gahadza Diversified agro-concern, Zimplow Holdings, says it is close to securing the 49 percent shares in Barzem ...

Unreliable power supply choking businesses: RioZim

Michael Tome RIOZIM Limited says the unreliable provision of power is likely to pose a significant risk and drawback to ...

Padenga gold production jumps 12pc

Business Writer PADENGA Holdings Limited says improved plant throughput at Eureka Mine and the addition of a new mill at ...

5 months ago | November 28, 2023

Meikles post interim profit despite group’s increased ...

Tapiwanashe Mangwiro Business Writer Zimbabwe Stock Exchange (ZSE) listed retail and hospitality group Meikles Limited ...

5 months ago | November 24, 2023

‘Lack of cheap long-term capital choking operations’

Michael Tome Business Writer TRANSPORT and Logistics firm, Unifreight Africa says lack of affordable and long-term ...

Econet contributes $400bn to fiscus in H1

Business Writer Econet Wireless Zimbabwe, the country’s largest telecommunications and technology firm has reported an ...