INDUSTRIALS & ENERGY

Donkey meat abattoir for Bulawayo

BULAWAYO-BASED company Battlefront Investments has started building a US$150 000 state-of-the-art donkey meat abattoir that will have capacity to dress more than 70 animals daily.Zimbabwe’s first su...

By Staff reporter | Published: 02 October 2017

INDUSTRIALS & ENERGY

Archer Clothing hires 600 workers

ONE of the country’s leading textile companies, Archer Clothing Manufacturers has since the beginning of the year employed an additional 600 workers, buoyed by improved production and exports.Archer...

By Staff reporter | Published: 02 October 2017

INDUSTRIALS & ENERGY

Simbisa profit rises 26%

QUICK service restaurant operator, Simbisa Brands announced a strong set of financials with profit for the year ended June 30, 2017 rising 26 percent to $6,355 million driven by growth in the group's ...

By Staff reporter | Published: 02 October 2017

TELECOMS & TECHNOLOGY

Kwese TV wins again

Econet Media's Kwese TV has been granted permission by the High Court to continue broadcasting until the Supreme Court rules on the appeal filed by the Broadcasting Authority of Zimbabwe (BAZ).Kwese T...

By Staff reporter | Published: 29 September 2017

INDUSTRIALS & ENERGY

General Beltings in the red

General Beltings Holdings, facing a going concern problems, incurred loss after tax of $254 230 resulting in an accumulated loss of $3,787 million in the half year to June 2017.The conveyor belts manu...

By Staff reporter | Published: 29 September 2017

TRANSPORT & TOURISM

Unifreight to boost fleet

Transport logistics group, Unifreight is targeting increased investment into vehicles to improve services as it seeks to maintain profitability achieved in the half year to June 2017.This is expected ...

By Staff reporter | Published: 29 September 2017

FINANCIAL SERVICES

Stanbic warns of debit card fraudsters

STANBIC Bank has warned members of the public to guard against falling victim to debit card fraudsters.Acting head of personal and business Banking, Mr Patson Mahatchi said his bank has assumed respon...

By Staff reporter | Published: 29 September 2017

INDUSTRIALS & ENERGY

Colcom moves into better financial position

COLCOM Holdings Limited, a division of Innscor Africa Limited consolidated its solvency by over 23 percent, the firm's financial statements for the year ended June 30, 2017 show.During the period unde...

By Staff reporter | Published: 29 September 2017

TRANSPORT & TOURISM

RTG eyes sustained profitability

LISTED Hotel group Rainbow Tourism Group (RTG), sees sustained profitability into the future on stability stemming from cost cutting initiatives over the past five years and a soon to be implemented b...

By Staff reporter | Published: 29 September 2017

LANDS & AGRICULTURE

Command Agric boosts SeedCo winter growth

SEED Co Group, Africa's biggest seed producer, says the Government's 2017 Command Agriculture Programme boosted demand for winter cereals, which saw the group registering a 257 percent growth in overa...

By Staff reporter | Published: 29 September 2017

INDUSTRIALS & ENERGY

Deven Engineering hits turbulent waters

Local bus manufacturing and assembling firm, Deven Engineering, has seen production severely hit as the company struggles to import critical materials owing to foreign currency challenges. The situati...

By Staff reporter | Published: 29 September 2017

TRANSPORT & TOURISM

Expert tells Zim to relax visa regime,

Zimbabwe has to relax its visa regime to attract Nigerian tourists and market the country as a destination for meetings, incentives, conferences and exhibitions (Mice), a tourism expert has said.Uloma...

By Staff reporter | Published: 29 September 2017

LANDS & AGRICULTURE

Allied Timbers board and management at loggerheads

The appointment of State owned Allied Timbers Zimbabwe chief executive Daniel Sithole has been thrown under the spotlight amid revelations he was thrust to the helm of Zimbabwe's largest timber proces...

By Staff reporter | Published: 29 September 2017

TELECOMS & TECHNOLOGY

ZimSwitch buckles under pressure

ZIMBABWE'S national electronic funds switch, Zimswitch, this week froze after panic buying over the weekend overwhelmed the system, triggering chaos as shoppers failed to transact in an economy now pr...

By Staff reporter | Published: 28 September 2017

MINING & RETAIL

Chrome miners write to Mugabe

ZIMBABWE could lose at least $340 million in potential revenue from ferrochrome exports this year due to a controversial domestic pricing regime, a paper prepared for President Robert Mugabe's office ...

By Staff reporter | Published: 28 September 2017

MINING & RETAIL

Zimbabwe to displace more for diamond mining

Government - through its Zimbabwe Consolidated Diamond Company (ZCDC) - could relocate more people in Manicaland province to pave way for diamond mining, if it secures claims to the Tsvingwe area.Tsvi...

By Staff reporter | Published: 28 September 2017

TELECOMS & TECHNOLOGY

KweseTV caught in ambush marketing storm

THE Premier Soccer League were yesterday caught in an embarrassing offside position once again when billboards of a rival broadcasting company were still being displayed at Luveve during a Castle Lage...

By Staff reporter | Published: 28 September 2017

INDUSTRIALS & ENERGY

Engineering firm taken to court over $20 000 debt

A BULAWAYO mining firm, Ubuntu Beth Mining (Pvt) Ltd has taken local engineering firm, ABJ Engineering, to court over a $20 000 debt following a cancelled gold stamp mill acquisition deal.In summons f...

By Staff reporter | Published: 28 September 2017

INDUSTRIALS & ENERGY

Merlin postpones creditors' meeting

THE High Court in Bulawayo has postponed Merlin's creditors and members' meeting to October 18. The creditors and members' meeting was supposed to be held at the High Court in Bulawayo yesterday.In an...

By Staff reporter | Published: 28 September 2017

FINANCIAL SERVICES

ZSE mulls mobile share trading platform

THE Zimbabwe Stock Exchange plans to introduce a mobile share trading platform before the end of the year to allow potential and existing investors easy access to stock markets.As part of efforts to m...

By Staff reporter | Published: 28 September 2017

TRANSPORT & TOURISM

Exhibitors, buyers jet in for Zim tourism expo

EXHIBITORS and buyers to this year's Sanganai/Hlanganani World Tourism Fair arrived in Bulawayo yesterday ahead of the premium expo, which begins today.The 10th edition of the tourism expo is coming t...

By Staff reporter | Published: 28 September 2017

MINING & RETAIL

Reconstruction of Alaska Smelting Plant begins

Reconstruction of the Alaska Smelting Plant has started nearly two decades after the facility owned by the Zimbabwe Mining Development Corporation, stopped operations. Alaska was shut down at the turn...

By Staff reporter | Published: 28 September 2017

MINING & RETAIL

Innscor profit rise 11% to $34 million

LIGHT manufacturing group, Innscor reported an 11 percent increase in net income to $33,69 million in the full-year to June, from $30,48 million in the prior year on cost savings.Revenue dropped to $5...

By Staff reporter | Published: 28 September 2017

MINING & RETAIL

Afreximbank, RBZ negotiate gold deal

Fidelity Printers Refinery is set to start processing gold from other African countries if negotiations between the African Export-Import Bank (Afreximbank) and the Reserve Bank of Zimbabwe on the iss...

By Staff reporter | Published: 28 September 2017

TRANSPORT & TOURISM

Vic Falls Safari Lodge voted the best resort hotel

Africa Albida Tourism's (AAT) flagship property, Victoria Falls Safari Lodge has been voted the Best Resort Hotel for the 21st year in a row by the Association of Zimbabwe Travel Agents (AZTA).The ann...

By Staff reporter | Published: 28 September 2017

Latest News

Latest Published Reports

Latest jobs