SOCCER

Warriors' new AFCON kit sparks fan outrage

Zimbabwean football fans have expressed widespread disappointment following the unveiling of the national team's new kit for the 2025 Africa Cup of Nations (AFCON) in Morocco later this month. The War...

SOCCER

Zimbabwean referee gets AFCON call up

A Rusape-based referee has been named among the match officials for this month's Africa Cup of Nations (AFCON), making him only the third Zimbabwean ever to officiate at the continental football tourn...

SOCCER

Mnangagwa donates $400,000 to Warriors

President Emmerson Mnangagwa has personally contributed $400,000 to support the Zimbabwe Warriors ahead of this month's Africa Cup of Nations (AFCON) in Morocco, Sports Minister Anselem Sanyatwe annou...

SOCCER

Fifa derails Warriors' Afcon plans

Zimbabwe Warriors coach Marian Marinica has expressed deep frustration after FIFA allowed European clubs to retain their Africa Cup of Nations (AFCON)-bound players until December 15, just six days b...

SOCCER

Nees confident Warriors can shine at Afcon 2025

Warriors coach Michael Nees says Zimbabwe's spirited 0-0 draw against South Africa has strengthened his belief that the team can make a serious impact at the upcoming Afcon 2025 finals in Morocco.Des...

BUSINESS NEWS

AFC secures US$28m from Mutapa

AFC Holdings Limited (AFC) has secured US$28 million in facilities from its parent firm, the Mutapa Investment Fund (Mutapa), and begun monetising its peri-urban land to boost liquidity, NewsDay Busin...

BUSINESS NEWS

Zimbabwe risks missing out on AfCFTA gains

Zimbabwe is at risk of missing out on the vast opportunities of the African Continental Free Trade Area (AfCFTA) as bureaucratic delays stall the gazetting of tariffs and rules of origin needed to unl...

BUSINESS NEWS

Zimbabwe ready to ride on AfCFTA opportunities

Foreign Affairs ministry secretary James Manzou has told Parliament that Zimbabwe is geared to take advantage of the opportunities to be brought about by the African Continental Free Trade Area (AfCFT...

SOCCER

Mnangagwa, DRC's Tshisekedi in Afcon banter

PRESIDENT Mnangagwa took time to discuss football matters on the sidelines of the 12th extraordinary AU summit on free trade areas and was involved in a banter with DR Congo President Félix Tshiseked...

BUSINESS NEWS

CTC condemns ZETDC, CAFCA barter agreement

THE Competition and Tariff Commission (CTC) has condemned the barter agreement between the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) and electrical cable supplier CAFCA accusi...

INDUSTRIALS & ENERGY

Refocus pays dividends for Cafca

Cable manufacturer Cafca's profit after tax grew four-fold to $3,85 million in the six months to September 30 from $726 213 last year on strong local demand after refocusing to copper products."Profit...

BUSINESS NEWS

AfCFTA targets 22 ratifications by year-end

THE African Continental Free Trade Area (AfCFTA) is targeting to secure 22 ratifications by end of this year to pave way for a single continental market with a billion consumers, a Zambian minister ha...

BUSINESS NEWS

AFC sets eyes on Zimbabwe investment

AFRICAN Finance Corporation (AFC) says it can invest in excess of US$500 million in Zimbabwe's infrastructure development projects but the outlay will entirely depend on the investment opportunities a...

BUSINESS NEWS

AFC ready to invest in Zimbabwe

Africa Finance Corporation (AFC), which holds $3,2 billion in assets under management, says it ready to pour in millions of dollars needed for the construction and refurbishment of infrastructure in Z...

INDUSTRIALS & ENERGY

Cafca bemoans forex shortage for expansion

Cable manufacturing company, Cafca says its second half year performance hinges on the availability of foreign currency, as it joins a slew of companies whose operations are being hampered by persiste...

BUSINESS NEWS

Zimbabwe joins Africa Finance Corporation

ZIMBABWE has become the 19th member state of the Africa Finance Corporation (AFC), the continent's leading infrastructure development finance institution.It is the latest endorsement of reforms embark...

AFRICA BUSINESS

No big shock for Zimbabwe in AfCFTA

THE African Continental Free Trade Area (AfCFTA) will give countries like Zimbabwe a wider market to export goods, an expert has said, discounting concerns the economy would be overrun by its biggest ...

BUSINESS NEWS

Experts caution Zim on AfCFTA

Government needs to first look at ways of strengthening its attractiveness in terms of trade and investment before ratifying the African Continental Free Trade Area (AfCFTA), trade experts have said.T...

Malawi becomes AFC's 18th Member State

The Republic of Malawi has become the second Southern African member country of Africa Finance Corporation, Africa's leading infrastructure development finance institution.The accession of Malawi to A...

ANNOUNCEMENTS

CAFCA.zw | Notice of Annual General Meeting

Notice is thereby given that the 72nd annual general meeting of the members of CAFCA will be held in the boardroom at the company's registered office at 54 Lytton Road, Workington, Harare, at 1200 hou...

ANNOUNCEMENTS

CAFCA.zw | Increase in shares in issue

Details:- Shares before : 8 550 108- Shares added : 135 000- New shares in issue : 8 685 108- Effective date : 31 January 2018- Reason : Share Option Scheme...

LATEST PUBLISHED REPORTS

CAFCA.zw | Audited Financial Results FY17

Financial Highlights:- Revenue $ 19 310 457- Operating profit $ 1 223 077- Profit before income tax $ 1 226 227- Profit for the year $ 726 213- Dividend Nil- Total comprehensive income for the year $ ...

ANNOUNCEMENTS

CAFCA.zw | Increase in shares in issue

Details:– Shares before : 8 506 774– Shares added : 43 334– New shares in issue : 8 550 108– Effective date : 21 July 2017– Reason : Share Option Scheme...

LATEST PUBLISHED REPORTS

CAFCA.zw | Unaudited financial results for the half year ended 31 March 2017

Financial Highlights:Revenue $ 9 356 053Operating profit $ 327 128Profit before income tax $ 327 128Profit for the period $ 228 859Dividend NilTotal comprehensive income for the period $ 228 859Earnin...

ANNOUNCEMENTS

CAFCA.zw | Notice of Annual General Meeting

Notice is thereby given that the 71st annual general meeting of the members of CAFCA will be held in the boardroom at the company's registered office at 54 Lytton Road, Workington, Harare, at 1200 hou...