Willdale is on the verge of realising efforts of the last 5 months under the new strategic plan with the production capacity rising to 20% and is looking at 30% next month as the drier sea...
By Staff Reporter | Published: 10 June 2013
The Dairibord Zimbabwe Limited (DZL) has said it is not pulling out its investment in Malawi despite recording a 41 percent decline in profitability on the Malawi market.DZL investment recorded the...
By Staff Reporter | Published: 10 June 2013
The Zimbabwe Mining Development Corporation (ZMDC) says it is in talks with several foreign investors to partner the newly set up Mining Promotions Corporation (MPC) in the exploration of the country...
By Staff Reporter | Published: 10 June 2013
GREEN Fuel resumed operations at its ethanol plant here yesterday, raising prospects that the country could soon start the mandatory blending of fuel that has been on the cards for sometime.There wa...
By Staff Reporter | Published: 10 June 2013
HARARE - Zimbabwe’s rail transport system may be nearing extinction if the government does not take drastic action to solve the series of operational challenges that have made commuter and goods t...
By Staff Reporter | Published: 10 June 2013
ARDA board chairman Basil Nyabadza says all is set for the re-opening of the Chisumbanje ethanol plant on Monday following its closure 15 months ago.The re-opening of the plant is anticipated to op...
By Staff Reporter | Published: 10 June 2013
THE embattled national airline Air Zimbabwe is set to reintroduce daily flights to Johannesburg in the next two weeks as the carrier works towards a return to full schedule in preparation for the up...
By Staff reporter | Published: 10 June 2013
FBC Holdings will not be selling Turnall Holdings any time soon because there is no immediate capitalisation pressure in the group's subsidiaries, chief executive officer, John Mushayavanhu told ana...
By Business reporter | Published: 10 June 2013
Dairibord will focus on rationalisation of operations, group chief executive Anthony Mandiwanza told an analyst briefing yesterday."The rationalisation of operations which we intend to undertake is...
By Business reporter | Published: 10 June 2013
Turnall Holdings reiterated its $300 million annual turnover target by 2015 even as its F12 financial performance weakened compared with F11 as MD John Jere told analysts yesterday that they are b...
By Business reporter | Published: 10 June 2013
WALLACE Laboratories, a cosmetic manufacturer owned by former deputy minister Phineas Chihota has been thrown into liquidation after it declared insolvency.Creditors met at the High Court to conside...
By Staff Reporter | Published: 10 June 2013
THE usage of the Beira-Feruka oil pipeline continues to increase over the years owing to the Road Levy which the Government imposed on fuel dealers, who bring the product by road.Statistics released...
By Staff Reporter | Published: 10 June 2013
THE collapsed David Whitehead could be thrown into liquidation due to insolvency, denting the hopes of more than 3 000 employees who were expecting to return to work.The provisional judicial manager...
By Business Reporter | Published: 10 June 2013
ZIMBABWE Stock Exchange-listed health care products manufacturer and supplier Medtech Holdings is negotiating with a local company for the disposal of its remaining shareholding in Zimbabwe Pharmac...
By Staff Reporter | Published: 10 June 2013
PRESIDENT Robert Mugabe's family dairy company has stepped up efforts to claim market share in the highly competitive sector after it embarked on an aggressive marketing drive.Alpha Omega, a subsid...
By Staff reporter | Published: 10 June 2013
HARARE - African Sun is expecting revenue to rise by 8% in the year to September 2013, with EBITDA forecast at 12%, unchanged on last year, Group CE Shingi Munyeza told the AGM. At the briefing for ...
By Business reporter | Published: 10 June 2013
HARARE - There is now limited scope for rent reviews in the sector and ZPI is focusing on growing the contribution of projects to total income, MD Edson Muvingi told an analysts briefing yesterday.&...
By Business reporter | Published: 10 June 2013
Masimba Holdings will focus on developing adequate long-term funding structures in order to help the group exploit developing opportunities in the country as well as to match long term requirement...
By Business reporter | Published: 10 June 2013
Lafarge's full year revenue is projected to increase by 29% to $90 million compared with $70 million recorded in 2012, MD Jonathan Shoniwa has said. Giving a trading update after publishing fin...
By Business reporter | Published: 10 June 2013
CLOTHING retailer Edgars Stores Limited posted a profit of $3,79 million for the 52 weeks ending January 5 2013, due to the aggressive account drive, an official from the company has said.Last year ...
By Business reporter | Published: 10 June 2013
TSL is in a good shape and expects to begin to build on platforms it has established, CEO Washington Matsaira told the AGM.Purchases of contract tobacco at TSL Classic have commenced and the unit was...
By Business reporter | Published: 10 June 2013
Pastel Software Zimbabwe, in partnership with Utande, on Tuesday launched Sage Pastel My Business Online, a cloud based accounting programme designed for start-up and small businesses that enables th...
By Chengetai Chinembiri | Published: 10 June 2013
Government is planning to temporarily lift the ban on chrome ore exports and introduce a value addition levy on all exports to raise money for the expansion of the country's smelting capacity. Deput...
By Staff reporter | Published: 10 June 2013
The ministry of Transport will from June 30 2013, issue new 15 year licences under a Converged Licencing Framework at a fee of $180 million.Under the current framework, operators are only allowed t...
By Staff reporter | Published: 10 June 2013
Powerspeed has slowed down their sales to non-retail customers because of slow payments and the company now eyes further retail expansion, MD Hilton Macklin told the AGM this morning. "The pr...
By Business reporter | Published: 10 June 2013
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Second International Airport for Harare 
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Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
