CEMENT producer PPC Zimbabwe says domestic sales in the first five months of the year are down 5 percent compared to the same period last year. PPC managing director Njombo Lekula said domestic...
ZIMBABWE-BASED banking solutions provider Edgetech Solutions is preparing to launch a new mobile payment service that uses sound-based communication technology from NearBytes to let people make paymen...
Cambria Africa could get a $20 million revenue boost from the disposal of non-core assets and claims relating to disputes over leased aircraft. This potential revenue could just be the tonic the pan-A...
Diversified group, ART Corporation recorded a $1,16 million loss in the half year period ended March 31, 2014 from a profit of $236 000 a year earlier after its business units achieved lower volumes d...
Agro-industrial Company, Ariston Holdings Limited's revenue for the half year ended March 2014 increased 29 percent on the back of improved marketing by the group.The group recorded $8,6 million in re...
First Mutual Holdings will tighten the screws on premiums collection and enhance service provision as part of concerted efforts to maintain growth.Chief executive Mr Douglas Hoto said after the group'...
Government has given notice that it will move a motion to remove all board members of Hwange Colliery Company Limited at the annual general meeting in June.Secretary for Mines and Mining Development P...
When people look for mentors they often overlook the power of giving oneself good advice and following it. A mentor is valuable because he or she will encourage you to do your best and stay on course,...
ZSE shares maintained upward momentum on Thursday with Industrials logging its 10th straight rise largely on modest gains recorded in a few selected heavy weights.The Industrials Index gained 0.41 poi...
Financial Highlights:- Turnover: $ 8 609 876- Profit before taxation and interest: $ 2 339 776- Operating loss: $ (2 682 466)- Fair value adjustments: $ 5 022 242- Profit before taxation: $ 1 316 729-...
INGWEBU Breweries expects to increase sales volumes during the Soccer World Cup, which kicks off in Brazil this month.ingwebu-cratesThe Bulawayo City Council's commercial undertaking says its sales co...
THE Zimbabwe National of Chamber Commerce (ZNCC) has partnered with a Bulawayo-based organisation, Lead-Us-Today (LUT) in a development likely to boost membership base.LUT is a non-profit organisation...
APEX Holdings (Pvt) Ltd is disposing its 46,68% shareholding in Phoenix Consolidated Industries Ltd, as the company is currently under judicial management.Apex Holdings (Pvt) Ltd was placed under judi...
African Development Bank chief economist and vice-president, Professor Mthuli Ncube and founder of Barbican Holdings, is making a bid for the presidency of the continental financial institution. If he...
ZSE shares stayed in the positive territory in midweek trades Wednesday with the breadth of the market looking strong as 11 counters recorded gains against just 2 fellers.The Industrial Index gained 0...
First Mutual Holdings recorded a 20% growth in total income for the period ended 30 April on the back of increase in rental income and premium, group CE Doug Hoto told the AGM yesterday.Giving the tra...
Financial Highlights:- Total revenue: $ 69 318 414- Operating profit: $ 1 608 617- Profit before tax: $ 2 663 626- Profit for the year from continuing operations: $ 1 548 837- Profit for the year: $ 1...
Industrials firmed up on Tuesday with 5 out of the markets 10 heavily capitalised counters trading in the positive while volumes recovered from yesterday with meaningful volumes trading in CBZ, Delta ...
Building materials manufacturer, Turnall Holdings has said it was crucial for government to resuscitate operations at Shabanie Mashava Mines to curb spiralling import costs of chrysotile asbestos fibe...
The Confederation of Zimbabwe Industries, an industrial lobby group, has implored authorities to freeze power tariff hikes, warning that increasing the cost of power would further erode competitivenes...
Ferrochrome producer, ZimAlloys on Sunday said it is still searching for partners to inject funds into the company to enable it resume operations.The mining firm ceased operations in 2008 due to lack ...
Production at listed cement manufacturer, Lafarge Cement Zimbabwe is expected to increase to 500 000 tonnes per annum once current plant upgrade is complete, an official has said.Lafarge is currently ...
NATIONAL Foods says milling volumes especially in the southern region are depressed due to the high volume of imports."We are making every effort to compete, however, our milling volumes in the southe...
Brick maker Willdale Limited's rights offer has been grossly under subscribed by shareholders after only 15 percent of the owners responded to the $3,2 million cash call.Chief executive Mr Clifford Mu...
ZSE's Industrials opened the week little changed with the breadth of the market skewed towards decliners as only 4 counters managed gains against 9 that ended in the negative while Minings faltered on...