Jersey-registered and London-listed Masawara is set to extend its control of Zimbabwe's largest holding company, TA Holdings by buying out minority shareholders in the group. Masawara - an investment ...
Coca-Cola's assistant brand manager Vee Sibanda says at least 1,300 Zimbabwean female entrepreneurs have been empowered under its 5by20 empowerment programme. The programme seeks to address the most c...
MAKOMO Resources Limited has started commissioning its coal washing machine, with production expected to rise three-fold, a senior company official said last week.The coal washing plant is a facility ...
The wage dispute between the soft drink manufacturing employees union and manufacturing employers association has reached a deadlock on the issue of wage increase forcing the two parties to approach t...
Meikles Limited retail arm, TM Supermarkets has launched a promotion worth over $1 million as the supermarket chain seeks to grow revenues and position in the retail sector. The promotion dubbed, TM a...
Mobile network provider, NetOne says the ZESA pre-paid electricity vending platform through its mobile money service One wallet has potential to grow the subscriber base and push volumes. In an ...
Makomo Resources (Pvt) Ltd, Zimbabwe's largest coal producer by output, said it plans to spend $1,5 billion on a 600-megawatt power plant and will also start exporting coal to steelmakers in southern ...
MEIKLES workers say they are being sidelined in the Employee Share Ownership Trust but the company says the workers will this year take over the scheme following the lapse of the two-year period for t...
ONE of the country's biggest retail chain groups, TM Supermarket, is set to close its Gweru Branch supermarket and reopen at another site under the Pick n Pay brand in the city.Pick n Pay, a South Afr...
Econet grew its subscribers by 4,1 percent in the first quarter of the calendar year to just over 9 million taking its market share to 65,3 percent.However, industry wide, mobile operators' revenue in...
NetOne has reinvented the old "callbox". This is a public telephone system that used to be operated by the then Post and Telecommunications Corporation, through the introduction of their own network b...
Telecel Zimbabwe has become the first mobile phone operator to issue debit cards for its Telecash subscribers after it introduced a debit card which can be used to pay for goods or for withdrawals.The...
UNITED Refineries Ltd, a Bulawayo-based agro processor is set to raise cooking oil output due to improved availability of cotton seed while it intends to resume stock feed production.Managing director...
TEXTILE firm David Whitehead will resume operations in the next two months after the completion of maintenance work and the procurement of working capital support, the company's judicial manager Knowl...
FIRST Mutual Life's new franchise business is expected to contribute about 13 percent of budgeted new business to the company's premium income across all lines, an official has said.Launching the inau...
MINISTER of Industry and Commerce, Honourable Mike C Bimha, officially launched the Turnall Ravenna Concrete Tiles and Pavers at an event held at the group's premises in Southerton, Harare last month....
CALEDONIA Mining Corp said gold production at its Zimbabwean unit, Blanket Mine, rose in the quarter to June but the group has revised downwards the projected output for 2014.Production at Blank...
Telecel Zimbabwe (Private) Limited management has denied claims that its suspended chairperson Jane Mutasa is still a shareholder.This follows a court application by the businesswoman demanding compan...
The Zimbabwe Mining Development Corporation (ZMDC) is considering undertaking feasibility studies to ascertain the viability of open cast oxide ore mining at its Zvishavane-based Sabi Gold Mine at an ...
Power utility company Zesa Holdings is owed over $400 million with the major chunk of the debt held by domestic consumers who received a blanket amnesty just before the harmonised polls last year, par...
Emirates Airlines has increased its economy class checked baggage allowance by a third, bringing it into line with the business class offering.The generous 40kg economy class baggage allowance, increa...
Bindura Nickel Corporation (BNC) Limited says it requires about $26 million to restart its smelter project, expected to improve payability and profits.Speaking at an analyst briefing on Monday, BNC fi...
Zesa Holdings will for the next 10 months be exporting power to Namibia as part of settling the $40m debt acquired from NamPower in 2009.Zesa Holdings chief executive Josh Chifamba told the parliament...
CAR Manufacturer General Motors South Africa has identified Zimbabwe as one of its key growth markets in Africa as it targets increasing new vehicle sales on the continent.GMSA vice president for oper...
The planned resumption of the Harare-Kariba-Victoria falls flight by Air Zimbabwe is a positive development towards the enhancement of business and internal distribution of tourists, an official has s...