BUSINESS NEWS

Mnangagwa to wield axe on pharmaceuticals

Players in the pharmaceutical industry insisting on charging medical drugs and other consumables in foreign currency despite receiving support from the central bank are set to lose their routine forei...

By Business Weekly | Published: 30 November 2018
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OPINION

Manufacturing pharmaceuticals: An untapped opportunity

Ever since the high tech generic drug production facility, Cinpharm-Cameroon, was set up, it is relatively easier for Cameroonians to have access to medicines. Now a low wage earner can access a cour...

By Carlos Lopes I BH24 | Published: 26 June 2014
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INDUSTRIALS & ENERGY

Duty reduction excite pharmaceuticals sector

The local pharmaceuticals industry is optimistic that the proposed reduction of duty on raw materials as outlined in the 2014 national budget will be implemented, thereby aiding the recovery of the se...

By Staff reporter | Published: 21 January 2014
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INDUSTRIALS & ENERGY

CAPS Pharmaceuticals has collapsed

DRUG manufacturing company CAPS Pharmaceuticals has collapsed after the firm's factory premises in Harare's Southerton industrial area was last week auctioned for US$1,5 million cash.This was after t...

By Business reporter | Published: 22 July 2013
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INDUSTRIALS & ENERGY

Varichem Pharmcare employees not happy

Varichem Pharmaceuticals, a wholly indigenised company, employees are complaining that the appointment of Alexio Muchabaiwa as the company's Managing Director has created a lot of problems affecting...

By Business reporter | Published: 03 July 2013
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