LANDS & AGRICULTURE

Savanna Tobacco eyes foreign markets

Savanna Tobacco says it has conquered the Matabeleland region and has now set its eyes on foreign markets, particularly Ivory Coast and Sudan. The company's chief operating officer Tongesai Zvarav...

By Staff reporter | Published: 10 June 2013

TRANSPORT & TOURISM

NRZ introduces additional passenger trains

In a bid to accommodate increasing demand for rail services ahead of  schools opening, NRZ has introduced additional passenger train coaches.The second school term begins tomorrow.In a stateme...

By Staff Reporter | Published: 10 June 2013

LANDS & AGRICULTURE

Dairibord completes the rationalisation programme

DZLH has completed the process of rationalisation and the group resumed normal production in April, group CEO Anthony Mandiwanza told the AGM this morning. "The rationalisation programme which...

By Business reporter | Published: 10 June 2013

FINANCIAL SERVICES

Interfin Bank's curatorship period extended

Interfin Financial Services publishes an update saying that the curatorship period for Interfin Bank was extended for further 6 months up to June 30 and the bank has not been able to reopen as previ...

By Business reporter | Published: 10 June 2013

FINANCIAL SERVICES

AfrAsia Kingdom mulls jobs cuts

AfrAsia Kingdom Zimbabwe is retrenching part of its staff under a "voluntary separation exercise". The financial services group recently said it was restructuring or streamlining operations as part ...

By Business reporter | Published: 10 June 2013

MINING & RETAIL

Zimplats posts $65m profit

PLATINUM mining giant Zimplats recorded an operating profit of US$65 million for the quarter ended March 31, 2013, representing a 26 percent increase over the same period last year. Revenue for the ...

By Business Reporter | Published: 10 June 2013

FINANCIAL SERVICES

CBZ maintains forecast of 10% growth in total income

CBZ is still maintaining the forecast it made at its last analyst briefing of 10% growth in total income, group chief finance officer Never Nyemudzo told the AGM today. "We expect our balance ...

By Business reporter | Published: 10 June 2013

INDUSTRIALS & ENERGY

Phoenix likely to report a loss

Phoenix has had a tough 4-5 months and at this stage it looks like it will be making a smallish loss for the half year to April, group CEO Francis Rodrigues told the AGM this afternoon. He said...

By Business reporter | Published: 10 June 2013

TRANSPORT & TOURISM

Travel House UK - providing bookings for Air Zimbabwe

Air Zimbabwe has aligned itself to another milestone by covering all domestic routes on daily frequency, serving Johannesburg along with Bulawayo and Victoria Falls with daily flights from Harare. T...

By TravelHouseUK | Published: 10 June 2013

TRANSPORT & TOURISM

Rainbow Airlines seeks licence to fly in Zimbabwe

Rainbow Airlines has applied to the aviation licensing board seeking permission to fly within and outside Zimbabwe.Part of the latest Government Gazette published last Friday read: "Notice is hereby...

By Business reporter | Published: 10 June 2013

TRANSPORT & TOURISM

Emirates committed to offering Zim travellers 'value for money'

Emirates has emphasised its commitment to offering Zimbabwean travellers year-round competitive and value for money economy fares, with a high quality of service and experience while travelling to ...

By Own correspondent | Published: 10 June 2013

FINANCIAL SERVICES

Mukuru.com has launched a cellphone banking debit card

Mukuru.com launches the 'Mukuru Card'.Mukuru.com said it is excited to announce the launch of the Mukuru Card, a safe and secure way for you to bank with InterAfrica-Mukuru in South Africa.What is...

By Business reporter | Published: 10 June 2013

INDUSTRIALS & ENERGY

Unilever launches 'Omo wash and fly to Dubai promotion'

UNILEVER last week launched the "Omo Wash and Fly to Dubai Promotion" that will see five lucky winners getting an all-expenses paid trip to Dubai plus US$800 spending money.The promotion was launche...

By Staff reporter | Published: 10 June 2013

TELECOMS & TECHNOLOGY

TelOne requires US$76 million to roll countrywide fibre optic network

FIXED telecommunications service provider TelOne says it requires at least US$76 million to roll out its fibre optic network across the country, The Sunday Mail Business has learnt.The telecoms com...

By Staff Reporter | Published: 10 June 2013

COMPANIES

Masvingo-Beitbridge highway accident - four people die

Four people died, three of them on the spot, when a minibus they were travelling in burst a rear tyre and veered off the road before landing on its roof in Mwenezi along the Masvingo-Beitbridge highwa...

By Staff Reporter | Published: 27 April 2013

TRADE & INDUSTRY

ZITF roars into life today

The annual Zimbabwe International Trade Fair roars into life today with a number of exhibitors late yesterday racing against time to complete their stands ahead of the country's largest trade showca...

By Staff reporter | Published: 10 June 2013

TRANSPORT & TOURISM

Bulawayo hotels fully booked

The   country's    second   largest   city, Bulawayo,  has virtually run out of hotel accommodation ahead of the of the Zimbabwe International Trade...

By Business Reporter | Published: 10 June 2013

TRADE & INDUSTRY

ZITF set to roll

All is set for the 54th edition of the Zimbabwe International Trade Fair (ZITF) in Bulawayo with a number of exhibitors and visitors already in the city ahead of the premier trade showcase which sta...

By Business reporter | Published: 10 June 2013

MINING & RETAIL

New Dawn increase gold production from its five mines

CANADA based gold miner New Dawn Mining on Thursday said it has produced 2% more gold from its five mines quarter-on-quarter in the first quarter ended March 31.The junior produced 9,253 oz in the p...

By Business reporter | Published: 10 June 2013

TRADE & INDUSTRY

16 countries to participate at Zimbabwe International Trade Fair

SIXTEEN countries will participate at this year's Zimbabwe International Trade Fair with Ghana coming in as a new entrant.The trade fair runs from  23 to 27 April at the Zimbabwe International...

By Staff Reporter | Published: 10 June 2013

INDUSTRIALS & ENERGY

Datlabs losses Ingrams' Camphor Cream licence

TIGER Brand of South Africa has cancelled an arrangement under which Datlabs (Private) Limited Zimbabwe's pharmaceuticals and personal care products manufacturer and Bulawayo firm had manufactured t...

By Business reporter | Published: 10 June 2013

INDUSTRIALS & ENERGY

Delta Beverages launches Chibuku Super

DELTA Corporation, Zimbabwe's largest company in terms of market capitalisation, has moved in to further entrench its blue chip status by announcing the launch of a new beverage. According to the li...

By Business Reporter | Published: 10 June 2013

MINING & RETAIL

Murowa Mine's diamond production decreases

PRODUCTION at Murowa Diamond Mine has decreased from 98 000 produced during the first quarter to 79 000 carats, the parent company Rio Tinto has said.The mine's first quarter output was however high...

By Staff reporter | Published: 10 June 2013

TRANSPORT & TOURISM

Air Zimbabwe ventures into chicken business

The poultry business had become so lucrative at the height of the country's economic crisis that Air Zimbabwe and the Civil Aviation Authority decided to get into the business and fly out day-old ch...

By The Poultry Site News Desk | Published: 10 June 2013

INDUSTRIALS & ENERGY

Delta Beverages revenue grows by 14%

Delta publishes full year trading update saying total beverage volumes closed the year flat on prior year as the growth in Lager beer, sparkling beverages and maheu was offset by the decline in sorg...

By Business reporter | Published: 10 June 2013

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