BUSINESS NEWS

Doctors exit the Health Apex Council

Striking junior doctors might not be able to negotiate their conditions of service going forward following their latest decision to exit the Health Apex Council, which represents not only them, but th...

By Staff reporter | Published: 07 October 2019
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INDUSTRIALS & ENERGY

Natfoods ploughs $36m into capex

Zimbabwe Stock Exchange-listed grain and cereals milling giant, National Foods Limited, says it has invested a cumulative $36 million towards process improvements to enhance operational efficiencies s...

By Staff reporter | Published: 19 January 2018
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LANDS & AGRICULTURE

SeedCo in $3.5m capex increase

LEADING seed manufacturer SeedCo increased its capital expenditure by 9.4 percent to $3.5 million during the half-year ended September 30, 2017 compared to $3.2 million during the corresponding period...

By Staff reporter | Published: 28 November 2017
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INDUSTRIALS & ENERGY

Delta plans $50m capex

Beverages manufacturer Delta Corporation, (Delta), plans to spend nearly $50 million in capital projects aimed at buttressing its operating capacity.Matts Valela, Delta financial director told busines...

By Staff reporter | Published: 21 June 2015
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INDUSTRIALS & ENERGY

Dairibord plans $10m capex

Listed milk-processor Dairibord Holdings Limited (Dairibord) says it plans to invest $10 million in capital expenditure this year to boost operational efficiencies.Dairibord chief executive, Anthony M...

By Staff reporter | Published: 07 June 2015
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INDUSTRIALS & ENERGY

Apex to sell Pheonix shares

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...

By Staff reporter | Published: 04 June 2014
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MINING & RETAIL

PPC raises Zimbabwe capex to $280m

PRETORIA Portland Cement, Zimbabwe's largest cement firm, has raised its capital spending budget on expansion projects to about $280 million, a senior company official said.Chief executive Mr Ketso Go...

By Enia Nyakudzambara | Published: 26 May 2014
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TELECOMS & TECHNOLOGY

Local firms lose out on Econet's $1,2bn capex

Indigenous companies have benefited little from Econet Wireless' $1,2 billion capital expenditure on procurement of network equipment because they do not have capacity to supply and meet expected qua...

By Staff reporter | Published: 26 May 2014
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INDUSTRIALS & ENERGY

National Foods to invest $5m on capex

Zimbabwe Stock Exchange listed firm National Foods Holdings Ltd says it will invest $5,3 million for capital expenditure projects to boost capacity.In a statement accompanying the financial results fo...

By Staff reporter | Published: 06 March 2014
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ZIMBABWE

ZSE delists Gulliver, Steelnet and Lifestyle, suspends Apex

he Zimbabwe Stock Exchange has delisted Gulliver for failing to meet the reporting requirements of the Listing Rules, Steelnet for failing to meet its continuing obligations after it was placed under ...

By Business reporter | Published: 13 June 2013
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