BUSINESS NEWS

97 parastatals pay govt measly dividend of $1.7m

Shocking revelations were made this week before Parliament by State Enterprises Restructuring Agency (SERA) executive director Edgar Nyoni that only two State enterprises and parastatals (SEPs) paid d...

By Staff reporter | Published: 15 September 2017
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LATEST PUBLISHED REPORTS

ASL.zw | Unaudited Financial Results HY16

Financial highlights:– Revenue: $ 17,987,889– Gross Profit: $ 12,055,823– Operating (loss) / profit: $ (494,873)– Loss before income tax: $ (1,236,274)– Proposed interim dividend: nil– Tot...

By ASL | Published: 04 July 2017
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TRANSPORT & TOURISM

Munyeza resigns, as Brainworks plans ASL takeover

African Sun Limited (ASL) chief executive Shingi Munyeza has resigned with immediate effect, as private equity firm Brainworks Capital Management (BCM) plans a total takeover of the listed hospitality...

By Staff reporter | Published: 07 June 2015
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ZIMBABWE

ZSE blocks ASL, Dawn deal

The Zimbabwe Stock Exchange has blocked African Sun Limited's proposed transaction to dispose its 16.54% stake in listed property firm, Dawn, over breach of listing rules. Shingi Munyeza's ASL intends...

By Staff reporter | Published: 26 February 2014
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Business Daily Zimbabwe

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