Zimasco will invest an estimated US$80 million in new furnace smelting capacity in the medium-term as part of the mining giant's expansion plans, a company official has said.Company spokesperson Clara...
An offer for CFI Holdings shares to the market is now shrouded in mystery after the company disowned the offer.This comes after the Zimbabwe Stock Exchange (ZSE) wrote to CFI Holdings asking it to cla...
Quick services restaurant and international franchise Pizza Hut, which opened its doors early February says it has a few issues with securing import permits amid overwhelming demand for its products. ...
Businessman Tawanda Nyambirai is set to invest $12 million in Arcturus Mine, which he acquired from Metallon Gold Zimbabwe, amid revelations he is planning further investments into mining with explora...
Nestlé Zimbabwe's exports went up 50% in 2017 from the prior year on the back of increased production from its filling and packaging production lines commissioned last year.The company's manufacturin...
ZIMBABWE Newspapers (Zimpapers) Limited is geared to launch its television station in line with its thrust to consolidate its status as the country's leading integrated media house.The idea for a tele...
DURATION Gold Limited targets to produce 580 kilogrammes of gold in 2018, up 29% compared to the figures achieved last year, an official said.Duration Gold country co-ordinating project manager, Ollie...
LOCAL company Dr Dish have dangled a $3.5 million bid to the domestic Premier Soccer League (PSL) to acquire the top-flight league's media visual broadcasting rights from this year, in a ground-breaki...
Spirits and wines maker, African Distillers Limited's (Afdis) says demand for its products remained buoyant but could not be fully satisfied due to the inconsistent supply of finished products owing t...
GWERU-based ferrochrome producer, Zimbabwe Alloys (ZimAlloys), has started exploiting alluvial concentrates, at its claims along the Great Dyke as it seeks to widen its revenue base. Alluvial chrome c...
Hospitality concern, Rainbow Tourism Group (RTG), has launched an integrated mobile application RTG Gateway, a first for the industry that is expected to boost domestic tourism and enhance the ease of...
Zimbabwe has reported it was now free of the highly pathogenic H5N8 bird flu that hit the country between May and August last year.Poultry producer Lanark, a commercial farm 25km south of the ca...
Chimata Gold Corp is pleased to announce that it has entered into a binding letter of intent with Zimbabwe Lithium Company Limited, a privately held company incorporated under the laws of Mauritius. P...
The Confederation of Zimbabwe Industries (CZI) says the country's fuel and electricity prices are still high despite the recent government intervention to reduce taxes on the energy sector."The CZI En...
Mobile telecommunications giant NetOne has introduced a promotion for its One Money customers, that will see them enjoying discounts for purchases made through the platform.Dubbed 8Time Promotion, it ...
Industries in Bulawayo relying on steel products have appealed to government to speedily recapitalise giant steel producer Ziscosteel, to enable them to expand their operations.The remarks came in the...
Quick service restaurant (QSR) group, Simbisa Brands Limited is looking to expand its business with the proposed acquisition of Foodfund Investments. Foodfund is a family owned business incorporated i...
Sales for new vehicles in 2017 declined by 7,45% to 3 154 due to shortages in foreign currency to purchase newer vehicles. Vehicles are still considered as a non-priority on the foreign currency prior...
Sales for new vehicles in 2017 declined by 7,45% to 3 154 due to shortages in foreign currency to purchase newer vehicles. Vehicles are still considered as a non-priority on the foreign currency prior...
A total of 11,744 out of 54,909 depositors of six collapsed banks have each been compensated up to $500 from the Deposit Protection Fund.Official data seen by the ZBC News today indicate the depositor...
GIANT mobile telecommunications company NetOne are expected to end the speculation related to their football partnership with the country's Big Three football clubs when they unveil their landmark mil...
MEALIE Brand, a division of the Zimbabwe Stock Exchange-listed Zimplow, has increased its capacity utilisation from 50 percent to 80 percent on the back of a good agricultural season the country exper...
Listed cement producer Lafarge Zimbabwe is looking to expand its operations as it is set to commence exploration drilling for lime within the next two months. It already has two mining operations wher...
Zimbabwe's only cryptocurrency exchange, Golix, has reached a massive milestone after it cleared over 2 000 customer support tickets in less than weeks. The company, which is known for allowing Zimbab...
Ingwebu Breweries which was unbundled last year needs more than $100 million to be fully turned around, Bulawayo City Council (BCC) mayor, Martin Moyo, has revealed.Ingwebu has been run under Bulawayo...