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
President Emmerson Mnangagwa (pictured) yesterday urged companies and producers to export 20% of their produce to the foreign markets, but retain 80% for local markets.Mnangagwa made the remarks while...
By Staff reporter | Published: 18 October 2019
MAYOR Solomon Mguni has reaffirmed his commitment to revive the second largest city's industries to their former glory.Speaking at the annual mayor's reception where he welcomed delegates to the Zimba...
By Staff reporter | Published: 25 April 2019
The Zimbabwe Special Economic Zones Authority (ZIMSEZA) says it has approved $22 million worth of investments for Bulawayo. This comes as government is implementing various measures to revive the coun...
By Fin Gaz | Published: 07 February 2019
THE Industrial Development Corporation of Zimbabwe (IDCZ) has disposed of its shareholding in Almin Metal Industries and Stone Holdings as part of a restructuring process to be completed this year. Th...
By Staff reporter | Published: 04 February 2019
NATIONAL University of Science and Technology (Nust) Vice Chancellor Professor Mqhele Dlodlo says his institution should do more to contribute to the revival of Bulawayo industries.The newly appointed...
By Staff reporter | Published: 05 June 2018
Industries in Bulawayo relying on steel products have appealed to government to speedily recapitalise giant steel producer Ziscosteel, to enable them to expand their operations.The remarks came in the...
By Staff reporter | Published: 15 February 2018
As part of efforts to restore Bulawayo to its industrial hub status, the Reserve Bank of Zimbabwe in partnership with ZimTrade has embarked on a tour of the city's businesses to assess their operation...
By Staff reporter | Published: 13 February 2018
THE revival of Bulawayo industries is likely to be a reality soon as Zimbabweans based abroad have shown interest in investing in the city, a minister has said.The Minister of State for Provincial Aff...
By Staff reporter | Published: 30 January 2018
The Zimbabwe Defence Industries (ZDI) is set to be resuscitated through strategic partnerships with universities and colleges to provide cutting edge military solutions, Zimbabwe Defence Forces (ZDF) ...
By Staff reporter | Published: 12 January 2018
Indian firm Dewei Investments PG Industries take-over is set to be completed this month after the deal received the requisite regulatory approvals.Dewei Investments last year entered into an agreement...
By Staff reporter | Published: 03 October 2017
THE Matabeleland Chamber of Industries (MCI) has proposed a 12-month moratorium on statutory debts by existing companies to provide a good starting point for industrial growth under the Special Econom...
By Staff reporter | Published: 05 September 2017
INDUSTRIALISTS in Bulawayo have identified four strategic intervention areas that require urgent government attention and financing to guarantee the successful revival of industries and job creation.O...
By Prosper Ndlovu | Published: 17 February 2015
More retrenchments are looming at PG Industries as the group seeks to turn around its fortune after sinking deeper into the red, posting a $11,3 million loss for the year ended December 2013.The group...
By Staff reporter | Published: 02 June 2014
INDUSTRIALISTS and diplomats from the SADC region yesterday toured Bulawayo industries with a view of creating potential investment and understanding how these companies are operating in the midst of ...
By Lulu Brenda Harris I Radio Dialogue | Published: 13 February 2014
At the scheme meeting held today, Friday 24 January 2014, a decision was made to postpone the Scheme of Arrangement to restructure the Company's liabilities to banks and other creditors.The Scheme of...
By Staff reporter | Published: 24 January 2014
Bulawayo industrialists have cried foul over Zimbabwe's over reliance on imports, arguing that uncontrolled imports, arguing that uncontrolled imports are driving the industry into deeper recession.Sp...
By Staff reporter | Published: 06 December 2013
PG Industries issued a cautionary on Wednesday as the group said it was involved in negotiations which will have a material effect on the company. "Shareholders are advised that the Company is...
By Staff reporter | Published: 04 December 2013
Astra Industries reported a flat set of results showing a 3% growth in revenue to $28.1m. Sales volumes grew 7% and gross margins reduced from 35% to 33% mainly due to increased competition and risin...
By Staff reporter | Published: 22 November 2013
A LOCAL business pressure group Bulawayo Business Arise (BBA) has submitted a proposal to the Industry and Commerce ministry aimed at helping the new Zanu-PF administration draw up strategies of reviv...
By Staff reporter | Published: 24 September 2013
Captains of industry in Bulawayo say there is need for business entities to come together and strategise on ways to recapitalise the industry.Former Bulawayo National Chamber of Commerce chairperson a...
By Business reporter | Published: 07 August 2013
COMMERCIAL lawyer Mr Addington Chinake has been appointed chairman of Astra Industries following the acquisition of the company's 63 percent by a local firm, Hemistar Investments.Former chairman Dr Ch...
By Business Reporter | Published: 30 July 2013
Board changes are looming at Astra Industries Ltd after the company was taken over by a management consortium and a foreign company, Kansai Plascon, businessdigest revealed.Sources close to the deal s...
By Staff reporter | Published: 26 July 2013
AICO Africa Limited has secured a European investor who will invest $20 million into one of it's subsidiaries Olivine Industries, a source has revealed.A source said representatives of the new invest...
By Business reporter | Published: 03 July 2013
DEPUTY Prime Minister Thokozani Khupe says Bulawayo's collapsed industries could be revived if all stakeholders work together.Once the country's industrial hub, companies in Bulawayo have either clo...
By Staff reporter | Published: 10 June 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
