BUSINESS NEWS

War vets company in turmoil

The Zvimba East Veterans Investment Company (Zevic) is embroiled in a deepening dispute, with allegations that local police officers are shielding a faction led by Michael Changadzo from court orders,...

By Staff reporter | Published: 31 August 2025

MINING & RETAIL

Chinese cement company slapped with US$10,000 fine

Chinese cement manufacturer Shuntai Investments (Private) Limited has been fined US$10,000 for contempt of court after failing to comply with a provisional order halting the construction of its cemen...

By Staff reporter | Published: 16 August 2025

AFRICA BUSINESS

Motsepe's company faces R3.4 billion lawsuit

Patrice Motsepe's investment company, African Rainbow Capital (ARC), is now in a legal battle worth R3.4 billion with a US-based firm, Pula Group. The dispute started when Pula Group, led by a former ...

By Staff reporter | Published: 12 August 2025

BUSINESS NEWS

Manyere, Nyengedza at centre of SA company collapse

Two prominent Zimbabwean businessmen, George Manyere and Godwin Nyengedza, are at the heart of the dramatic collapse of Afristrat Investment Holdings - a South African financial services firm formerly...

By Staff reporter | Published: 04 August 2025

BUSINESS NEWS

Chinese company loses labour case

Jian Shan Civil Explosives, a Chinese-owned company based in Chinhoyi, has lost a labour dispute and has been ordered by the courts to pay former employees after being found guilty of unfair dismissal...

By Staff reporter | Published: 23 July 2025

BUSINESS NEWS

Harare company director dupes Chinese investors

A local businesswoman, Lilian Nyamasoka, is now a fugitive from justice after a Harare magistrate issued a warrant for her arrest on Thursday for failing to appear in court to answer to two counts of ...

By Staff reporter | Published: 29 June 2025

BUSINESS NEWS

Bulawayo company pioneers dust suppression breakthrough

In a significant stride towards sustainable industrialisation, Bulawayo-based manufacturing firm, Chemical Technology Africa (CTA), has unveiled an innovative solution to combat air pollution caused b...

By Staff reporter | Published: 24 June 2025

BUSINESS NEWS

Sakupwanya's company controversially paid US$4.2m for fuel

Zimbabweans reacted with anger and disbelief after it emerged that the Ministry of Finance authorised a US$4.2 million payment to Betterbrands Petroleum, a company owned by Zanu PF legislator Scott...

By Staff reporter | Published: 03 June 2025

CONSTRUCTION & PROPERTY

John Pocock and Company celebrate 70 years of service in Bulawayo

From humble beginnings in a single-room office to becoming one of Bulawayo's most trusted names in real estate, John Pocock and Company is celebrating a remarkable 70-year milestone in 2025 - a testam...

By Staff reporter | Published: 09 May 2025

TELECOMS & TECHNOLOGY

Zacc arrests NetOne company secretary

The Zimbabwe Anti-Corruption Commission (ZACC) has arrested NetOne company secretary Plaxedes Chikutu on charges of obstructing justice in an ongoing criminal investigation involving two of the compan...

By Staff reporter | Published: 29 April 2025

BUSINESS NEWS

ZITF Company seeks partners for US$12m smart city project

The Zimbabwe International Trade Fair (ZITF) Company has announced a call for Expressions of Interest (EOIs) from qualified local and international firms to take part in the development of significant...

By Staff reporter | Published: 28 April 2025

BUSINESS NEWS

Court orders company to refund US$552,281 to Fidelity Gold Refinery

The High Court has ordered Curechem Overseas to refund US$552,281 to Fidelity Gold Refinery following a dispute over an agreement to supply small-scale miners with gold chemicals. The ruling comes aft...

By Staff reporter | Published: 24 April 2025

BUSINESS NEWS

ZITF Company secures US$12 million for shopping complex

The Zimbabwe International Trade Fair (ZITF) Company has announced a major milestone in its transformation, securing a US$12 million investment for the construction of a modern shopping centre at its ...

By Staff reporter | Published: 24 April 2025

BUSINESS NEWS

Dutch firm blocked from purchasing Astra Industries parent company

A REGIONAL regulatory body has blocked Dutch paint and coatings firm, AkzoNobel N, from acquiring a stake in the Mauritian and South African subsidiaries of Japanese chemical firm, Kansai Paint Co Ltd...

By Staff reporter | Published: 12 September 2023

INDUSTRIALS & ENERGY

Chiyangwa's company to manufacture and refurbish wagons?

THE Diaspora Infrastructure Development Group (DIDG) has started manufacturing 6 000 rail sleepers for Beitbridge Bulawayo Railway while plans are underway to produce 60 000 more for the National Rail...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Pension payouts delayed as foreign company cuts off Zimbabwe banks

PENSIONERS might have to wait a bit longer before they receive their monthly pay outs, which were due yesterday, the National Social Security Authority (NSSA), said yesterday. It said the delay was ca...

By Staff reporter | Published: 14 June 2019

OPINION

How to start your own gold mining company

THE last article looked at the way one obtains a Prospecting Licence and gets to peg a mine. Today's article will look at starting your gold mining company. After considering all the requirements for ...

By Trynos Nkomo | Published: 05 May 2019

MINING & RETAIL

Tundiya's company diverts ZPC’s 1 003 tonnes of coal

A FORENSIC audit on Hwange Colliery Company Limited (HCCL) has unearthed serious irregularities, where a haulage company owned by Shepherd Tundiya diverted about 1 003 tonnes of coal meant for the Zim...

By Staff reporter | Published: 24 April 2019

TRANSPORT & TOURISM

Shipping company threatens to block the release of containers for Zimbabwean importers

MEDITERANNEAN Shipping Company (MSC) SA (Zimbabwe) Pvt Ltd has threatened to block the release of containers for Zimbabwean importers over their failure to remit in excess of US$9,1 million in shippin...

By Staff reporter | Published: 11 January 2019

BUSINESS NEWS

Tax exemption for Chinese company

Finance and Economic Development minister Mthuli Ncube said government will refund and exempt China Jiangsu International from Value added Tax (Vat) and income tax dating back to 2012.China Jiangsu in...

By Staff reporter | Published: 31 December 2018

INDUSTRIALS & ENERGY

Pacific Cigarette Company partners Chinese firm

Pacific Cigarette Company (PCC), formerly Savannah Tobacco Company, has partnered a top Chinese government-owned tobacco company in a move that will see local cigarettes being sold on the global marke...

By Staff reporter | Published: 06 December 2018

INDUSTRIALS & ENERGY

Cassava modeled around giant Chinese company Tencent

The vision behind Cassava Smartech is to create a technology company similar to China's Tencent, according to Cassava Group CEO, Mr Darlington Mandivenga.Tencent, one of the largest companies in the w...

By Staff reporter | Published: 21 November 2018

TRANSPORT & TOURISM

Cyclist sues bus company for $67,000

A BULAWAYO cyclist, who was injured in an accident involving an Inter-Africa (Mukumba Brothers)-owned bus in 2015, has filed a $67 000-lawsuit against the company at the Bulawayo High Court.The accide...

By Staff reporter | Published: 21 November 2018

INDUSTRIALS & ENERGY

Govt forms new power company

GOVERNMENT has formed a new company, Hwange Electricity Supply Company (Hesco), to manage power generation under the $1,5 billion Hwange Thermal Power Station expansion project.Energy and Power Develo...

By Staff reporter | Published: 02 July 2018

BUSINESS NEWS

Chinese company, NUST sign solar deal

THE National University of Science and Technology (NUST) has signed a memorandum of agreement (MoA) with Chinese company, Satewave Technologies, for the establishment of a solar photovoltaic farm proj...

By Staff reporter | Published: 28 June 2018
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