At least 19 265 hectares of land have so far been put under tobacco during the 2018 /19 summer cropping season, up from 18 396 hectares that had been planted during the same period last ye...
Diversified Industrial group, Innscor Africa Limited says gross profit margins during the first quarter of the 2019 financial year remained under pressure due to foreign currency and inflationary pres...
Pacific Cigarette Company (PCC), formerly Savannah Tobacco Company, has partnered a top Chinese government-owned tobacco company in a move that will see local cigarettes being sold on the global marke...
SMALL-scale miners have called on Government to consider paying 100 percent of gold deliveries in hard currency after deliveries to Fidelity Printers and Refineries (FPR) for November plummeted by 44 ...
SEED CO posted a $69,03 million profit after tax for the half-year ended September 30, 2018 following a fair valuation of its subsidiary, Seed Co International Limited.The fair valuation was undertake...
ZIMBABWE'S hotel occupancy level grew to 61% in the 10 months to October compared to 59% during the same period last year, with industry officials attributing the trend to government's stance on impro...
ONE of the biggest millers in the country, National Foods Limited (NFL) says it will today switch off its wheat milling machines, citing non-payment of its foreign suppliers, with the country facing p...
PHARMACEUTICAL and personal care products manufacturer, Datlabs Limited, has embarked on a $4,5 million plant and equipment upgrade as it seeks to improve operational efficiency. Briefing Industry and...
THE Central Africa Building Society (CABS) has introduced a prepaid MasterCard as part of efforts to bring international transactional convenience to the market. Managing director, Simon Hammond, said...
FAST food outlet, Chicken Hut has entered into a partnership deal with Puma Energy that will see the food outlet open outlets at every Puma service station across the country. The deal will see more t...
Zimnat General Insurance has introduced a hard currency insurance payment option to enable its clients to retain the value of their insured assets in the event of their sustaining a loss and making an...
Zimbabwe's special court for income tax appeal has dismissed with costs a long list of preliminary points made by Zimbabwe Stock Exchange-listed seed manufacturer Seed Co Limited (Seed Co) in its appe...
BRITISH businessman Nicholas van Hoogstraten yesterday opened up to journalists on the demise of Hwange Colliery Company Limited, saying it was being run down by corruption and financial mismanagement...
Prominent businessman Shingi Munyeza says Zimbabwe has the ability to fix the endemic corruption that has brought the economy to its knees.Speaking at the AMH conversations series titled Tackling the ...
FAST food chain, Simbisa Brands, has appointed Mr Baldwin Guchu as the group's new finance director effective from December 1, 2018. He replaces Mr Salim Eceolaza who has been assigned the position of...
British businessman Nicholas van Hoogstraten, says he is going to challenge the reconstruction of Hwange Colliery Company Limited (HCCL). Van Hoogstraten holds a 31 percent shareholding in HCCL. In Oc...
Industrialist Busisa Moyo has re-ignited the rand adoption debate by saying Zimbabwe can encourage "the wider circulation of the South African currency under its multi-currency system".This also comes...
Zimbabwe's telecoms sector generated revenue in excess of $1 billion and contributed 7,2 % to the country's gross domestic product (GDP) in 2017, the industry regulator has said.Postal and Telecommuni...
ZIMRE Property Investment (Zimre) has so far spent $9,2 million on its shopping mall in Victoria Falls which is now 65% complete.Providing above 5 000 square metres of lettable space, the $13 million ...
FINANCE minister Mthuli Ncube has urged banks to diversify and develop business models tailored to meet special requirements of the unbanked and underserved segments of the population.Ncube was speaki...
THE Zimbabwe Power Company (ZPC) intends to recruit more than 100 workers on a fixed term contract of up to 36 months for the Hwange Thermal Power Station expansion project.In March this year, Preside...
SHEARWATER Adventures has acquired a 100-seater up-market cruise boat to cater for executives.The two-deck boat was manufactured by a Bulawayo company at a total cost of about $500 000 and is now in V...
SHAREHOLDERS of Econet Wireless have approved the demerger of Cassava SmarTech from Econet Wireless Zimbabwe Limited, paving the way for the listing of a new diversified technology business called Cas...
The Zimbabwe Parks and Wildlife Management Authority (Zimparks) has registered a 25 percent jump in tourist arrivals at its resorts for the period January to October 2018, compared to the same period ...
Zimbabwe Stock Exchange listed packaging company Nampak Zimbabwe (Nampak) profit for the year up to September jumped 89,3 percent to $14,5 million from $7,6 million in the prior period despite d...