POLITICS

War vets to resist zvigananda's Zanu-PF takeover

War veterans have pledged to resist what they describe as attempts by businesspeople of questionable morals to seize control of Zanu-PF, amid rising concerns over the growing influence of money in lea...

By Staff reporter | Published: 06 July 2025

BUSINESS NEWS

Millers cry foul over foreign takeover of reserved sector

Local grain milling companies have raised alarm over what they describe as the growing invasion of Zimbabwe's legally reserved sectors by foreign nationals, particularly Pakistani business operators.T...

By Staff reporter | Published: 03 July 2025

BUSINESS NEWS

Tensions escalate as Zimbabwean villagers resist land takeover

Tensions are mounting in the Malipati area of Chiredzi as a land dispute involving local villagers, their headman, and outside investors threatens to destabilise the community. Several villagers have ...

By Staff reporter | Published: 01 June 2025

MINING & RETAIL

Zimasco hostile takeover saga takes new twist

The ownership dispute involving Zimbabwe's largest chrome mining and smelting company, Zimasco, has taken a decisive turn after the Supreme Court dismissed an appeal against a High Court interdict tha...

By Staff reporter | Published: 13 May 2025

TRANSPORT & TOURISM

Workers, management clash over Ngamo Safaris takeover

Employees at Ngamo Safaris in Tsholotsho, Matabeleland North, are protesting a controversial decision by management to lease the safari camp to a new investor without following the proper tender proce...

By Staff reporter | Published: 13 May 2025

POLITICS

Mnangagwa dragged into messy, illegal takeover of Arlington Estate

Barely a month after President Emmerson Mnangagwa handed over 480 hectares of Arlington Estate to PPC Zimbabwe, a storm is brewing over the land's true ownership, with fresh court documents revealing ...

By Staff reporter | Published: 29 April 2025

BUSINESS NEWS

Mthuli Ncube slams debt takeover practice

Government may not take over the debts of State-owned entities such as Air Zimbabwe and Zisco, touted as critical to make them more attractive to investors, after Finance and Economic Development Mini...

By Staff reporter | Published: 27 June 2019

BUSINESS NEWS

Supa Mandiwanzira sucked in 'hostile' hotel takeover

A PRIVATE company, Tatipano Properties, which has been linked to former Information Communication Technology minister Supa Mandiwanzira, has been taken to court for allegedly using fraudulent document...

By Staff reporter | Published: 17 September 2018

BUSINESS NEWS

Mphoko would not accept a hostile takeover bid

THE battle for the ownership and control of supermarket chain Choppies Zimbabwe - on paper owned 51% by Nanavac Investments run by former vice-president Phelekezela Mphoko's family and 49% by Botswana...

By Staff reporter | Published: 06 July 2018

POLITICS

PRC plots takeover of Bulawayo cit

People's Rainbow Coalition (PRC) candidates have expressed confidence of turning Bulawayo into their stronghold, taking over from the MDC-T that has been in control of the city since 2000.Bulawayo has...

By Staff reporter | Published: 06 July 2018

INDUSTRIALS & ENERGY

Cottco scoffs at takeover plans

Cotton Company of Zimbabwe (Cottco) managing director Mr Pious Manamike has scoffed at Surface Wilmar's proposal to take over 50 percent shareholding in the company, saying the partnership will not ad...

By Staff reporter | Published: 30 May 2018

BUSINESS NEWS

'New law to drive mergers, takeovers'

National Assembly Speaker Jacob Mudenda has said the new company law currently being formulated will remove bottlenecks to mergers and takeovers.Speaking at the CEO Africa Roundtable breakfast meeting...

By Staff reporter | Published: 18 May 2018

TELECOMS & TECHNOLOGY

Mnangagwa's govt mulls Telecel 100% takeover

GOVERNMENT, which has 60% shareholding at Telecel Zimbabwe, has made a decision not to sell part of its stake to investors interested in the telecommunications company, but instead buy off the minorit...

By Staff reporter | Published: 12 May 2018

TELECOMS & TECHNOLOGY

Govt mulls Telecel 100% takeover

Government which has 60% shareholding at Telecel Zimbabwe, has made a decision not to sell part of its stake to investigators interested in the telecommunications company, but instead, buy off the min...

By Staff reporter | Published: 11 May 2018

POLITICS

Mnangagwa takeover excites diaspora investors

THE new political dispensation has excited the diaspora community which has expressed interest in working with the President Emmerson Mnangagwa-led Government in turning around the economy.The Zimbabw...

By Staff reporter | Published: 29 November 2017

BUSINESS NEWS

Creditor turns down Zimglass takeover bid

ONE of the major creditors to Gweru-based glassmaker, Zimbabwe Glass Industries (Zimglass), has turned down a proposed offer to take over the company.Zimglass, a subsidiary of Industrial Development C...

By Staff reporter | Published: 15 October 2017

INDUSTRIALS & ENERGY

PG Industries takeover gets regulatory approvals

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

BUSINESS NEWS

Court annuls NSSA bank takeover

The High Court yesterday nullified transactions made by three former RFHL directors after they were fired in 2012 effectively reversing the NSSA's controversial acquisition of the financial institutio...

By Staff reporter | Published: 21 September 2017

TRANSPORT & TOURISM

Govt works on Air Zimbabwe debt takeover

GOVERNMENT is finalising the process to take over the $334 million Air Zimbabwe debt paving way for the national airline to court new investors, a Cabinet Minister has said.In July, Cabinet approved t...

By Staff reporter | Published: 14 September 2017

MINING & RETAIL

Rich Pro extends takeover offer deadline for Asa

Chinese company Rich Pro Investments Limited (RPI) has extended the deadline of its takeover offer for Asa Resource Group Plc as it continues talks with the mining group's administrators.RPI, an inves...

By Staff reporter | Published: 14 September 2017

TELECOMS & TECHNOLOGY

Telecel Zimbabwe takeover inches closer

Government is finalising an offer to buy Empowerment Corporation's 40 percent stake in Telecel Zimbabwe, sources familiar with developments have said."It is now clear that the Government wants to buy ...

By Staff reporter | Published: 10 September 2017

FINANCIAL SERVICES

FML shareholders okay NicozDiamond takeover

FIRST Mutual shareholders have approved directors' proposals to the entire issued share capital of Zimbabwe's biggest short term insurer, NicozDiamond.FML will now acquire from its anchor Shareholder,...

By Staff reporter | Published: 04 September 2017

TRANSPORT & TOURISM

Munyeza resigns, as Brainworks plans ASL takeover

African Sun Limited (ASL) chief executive Shingi Munyeza has resigned with immediate effect, as private equity firm Brainworks Capital Management (BCM) plans a total takeover of the listed hospitality...

By Staff reporter | Published: 07 June 2015

INDUSTRIALS & ENERGY

Masawara concludes TA takeover

Jersey-listed Masawara Plc (Masawara) has fully-acquired TA Holdings Limited (TA) after minority shareholders yesterday accepted the investment company's $0,25 share buyout offer price, businessdaily ...

By Staff reporter | Published: 07 June 2015

INDUSTRIALS & ENERGY

Chemco shareholders approve takeover

Chemco minority shareholders approved the proposal for TSL to take full control of the agro chemicals business during an EGM held this morning.The shareholders passed all the resolutions namely; incre...

By Staff reporter | Published: 13 March 2014
Pages:
1
2

Latest News

Latest Published Reports

Latest jobs