CONTROVERSIAL businessman, Wicknell Chivayo is restless after the Justice Minister, Ziyambi Ziyambi barred his attorney of choice from representing him in his pending criminal cases.Chivayo has ...
Foreign currency earnings, which constituted 45% of revenue, helped African Sun post a 765% increase in the bottom-line for the half year to June 30. This is in spite of a drop in occupancy leve...
ONE of the country's largest ferrochrome producers, African Chrome fields (ACF), has shut down its mining operations in Kwekwe, laying off over 500 workers.The company is owned by South African busine...
Zimbabwe will in coming weeks sign agreements on the development and value addition of lithium lead batteries as the country seeks to transform the mining sector into a $12 billion industry in the nex...
LISTED hospitality group, African Sun (Pvt) Limited, says its business has been growing since last year in response to positive business sentiment under the new dispensation. The group was estab...
Stakeholders in the mining industry will in June convene in London for the third annual Arab African Mining Conference Exhibition where Zimbabwe is anticipating to strike mega deals for the mining sec...
AFRICAN Sun says it recorded a 110 percent increase in profit to $ 10,135 million during the year ended December 31, 2018 compared to $4,816 million achieved in prior period driven by both an increase...
A SOUTH African mining firm Tumagole Consortium says it is committed to investing R55 billion into the Coal-Bed Methane mining project in Lupane. Tumagole Consortium officials, who were led by South A...
Johann Rupert, South Africa's second-richest man with a $6.3 billion fortune, spoke out to defend the stranglehold white people still have over the economy more than two decades after the end of apart...
AFRICAN governments led by South Africa are fighting tooth and nail to stop the passing of a resolution by the Kimberly Process to expand the definition of "conflict diamonds", it has been learnt.Civi...
AFRICAN Sun Limited (ASL) has announced it will spend $2,1 million in the last quarter of 2018 on refurbishments to improve standards of its hotels and boost occupancy in the future.Africa Sun plans t...
Hospitality group, African Sun Limited, reported earnings growth for the half year to June 30, 2018 as operating profit surged 672 percent to $3,8 million on good business during election period. Reve...
THE African Export Import Bank (Afreximbank) has disbursed over a third of the $25 billion facility meant to accelerate intra-African trade, the bank's president and chairman Benedict Oramah has said....
Zimbabwe has been ranked among the most promising economies in Africa due to the political transition currently taking place.Risk analysts who attended a forum on investment risks in Africa in Côte d...
AFRICAN Sun Limited has appointed Mr Alex Makamure as new board chairman replacing Mr Herbert Nkala who has retired from the hospitality group.In a notice, African Sun said Mr Nkala retired from the g...
Zimbabwe has been ranked among the most promising economics in Africa due to the political transition currently taking place. Risk analysts who attended a forum on investment risk in Cote d'Ivoire las...
"It is important for us as Africans to understand the challenges we face and find ways of using technology to solve them," NMB Bank chief operating officer Gerald Gore told participants in the Enactus...
MultiChoice Africa has launched a new and far-reaching Pan-African social investment initiative called the MultiChoice Talent Factory, created to significantly enhance the pool of talent and skills in...
THE African Development Bank (AfDB), under the leadership of Dr Akinwumi Adesina, has increased disbursements to support structural transformation of countries in Africa, according to its annual repor...
ZIMBABWEAN entrepreneur, Simbarashe Mhuriro, has been selected to exhibit his game changing solar innovations at the Africa Innovation Summit (AIS) set for next month in Rwanda.The 32-year-old, is the...
SECURICO, one of Zimbabwe's fast growing security companies, has set targets to employ about 80 000 personnel across Africa as it moves to spread its tentacles and increase its footprint.Company found...
Anil Agarwal, the Chairman of Vedanta Resources Plc, today outlined a Path to Growth for the Konkola Copper Mines (KCM), a Zambian subsidiary of the diversified global mining and resources company. Th...
ZIMBABWE should adopt the South African rand as its official currency on an interim basis as a way of stabilising the economy, deputy Finance Minister Terrence Mukupe has said.This also comes as the ...
LISTED hotelier, African Sun Limited, has this financial year spend US$5,8 million in refurbishments and placements for its hotels and franchises, as the group aims to position itself as world-class h...
AFRICAN Sun Limited has recorded a 19 percent growth in revenue to $51,83 million for the year ended December 31, 2017, spurred by a jump in occupancy levels.The international market recorded the high...