Local

9 months ago | August 2, 2023

Election spend subdued, says Delta

Malvern Nkomo Zimbabwe beverage manufacturing giant, Delta Corporation (Delta), says a significant portion of sales is ...

Firmcare Construction to raise money for distressed properties

Business Writer Firmcare Construction, a local investment company, is seeking to raise US$2,5 million for re-development ...

Kuchera, German technology firm pen partnership agreement  

Enacy Mapakame Kuchera, a German-based technology company specialising in optimising haulage operational efficiency in ...

Current monetary regime to cripple Delta sales

Tapiwanashe Mangwiro Research firm, Morgan and Company in their Delta first quarter review, have predicted the beverage ...

9 months ago | August 1, 2023

Election spend subdued, says Delta

Malvern Nkomo Zimbabwe beverage manufacturing giant, Delta Corporation (Delta), says a significant portion of sales is ...

RBZ maintains tight monetary policy stance amid ZWL shortages

Business Writer The Reserve Bank of Zimbabwe (RBZ) has held the benchmark interest rate to give time for the instituted ...

Zimre Holdings records 510 percent growth

Enacy Mapakame  Zimre Holdings Limited’s property portfolio recorded 510 percent growth in total rental income for the ...

Prospect adequately resourced to fund exploration and drilling

Business Writer AUSTRALIA-LISTED resource exploitation concern, Prospect Resources, says it is adequately – resourced to ...

9 months ago | July 31, 2023

Pricing dilemma as Delta sales more in USD

Business Writer The exchange rate volatility, coupled with fluctuations in market liquidity in both foreign currency and ...

Inflation, a true reflection of current situation, analysts

Tapiwanashe Mangwiro  The Zimbabwe Statistics Agency (ZIMSTAT) said the country’s month – on – month and annual ...

Zimre income bulks 554 percent

Business Reporter Zimre Holdings (ZHL) says total income for the five months to May 2023, grew 554 percent to $22,36 ...

9 months ago | July 28, 2023

Zim in record fuel imports amid power challenges

Business Writer The country’s import of petroleum products was the largest ever last year, which could justify the ...

Call for value addition as trade deficit widens

Tapiwanashe Mangwiro Zimbabwe’s trade deficit for the six months to June has widened to US$1. 058 billion prompting ...

9 months ago | July 27, 2023

Govt prioritising foreign investment to develop the economy

Government is prioritising foreign direct investment (FDI) in order to mobilise the huge resources that are required to ...

ARDA to set up agro-processing plants to accelerate rural development

In an effort to boost agricultural productivity in the communal areas, the Agricultural and Rural Development Authority ...

9 months ago | July 26, 2023

Ciders drive Afdis volumes in Q1

Tapiwanashe Mangwiro Listed spirits and ciders manufacturer, Afdis, has seen volumes grow in the first quarter of 2024 ...

Business Weekly steps up preps for Capital Markets High School Quiz

Business Writer Preparations are in the final stages for the Capital Markets High School Quiz Competitions with 20 ...

10 months ago | July 25, 2023

VFEX projects a good second half of the year

Enacy Mapakame The Victoria Falls Stock Exchange (VFEX) is projected to have a fruitful second half of the year and ...

Tetrad shareholders give nod to surrender bank licence

Business Writer Shareholders of Tetrad Investment Bank (TIB) have resolved to surrender the banking licence and ...

10 months ago | July 24, 2023

Premier African Minerals/Canmax head to Singapore for arbitration 

Business Writer Premier African Minerals and Canmax Technologies dispute over the termination of the offtake and ...