Masimba Holdings Tour
A tour of Masimba Holdings Construction Projects that included Old Mutual SME Eastgate Centre, along Robert Mugabe in Harare. Click here, to read more about Masimba Holdings Limited.
Government avails forex for fertilizer chemicals
The Minister of Lands, Agriculture and Rural Settlement acknowledged the move by the government to ease fertilizer shortage by providing funds for the importation of raw material to meet the required fertilizer production. He apologized
Chiwenga and Mohadi swearing in today
Retired General Constance Chiwenga and Cde Kembo Mohadi will be swearing in today at the state house in Harare as the newly appointed Vice Presidents of Zimbabwe. These two were also appointed as as
PRESIDENT E.D MNANGWAGWA STATE OF THE NATION ADDRESS
While addressing the nation yesterday the president over emphasized on key issues on building the new Zimbabwe, which he said it would be based on honesty, transparency, accountability, and hard work. Among the key
BREAD PRICES REDUCED
Speaking at the Buy Zimbabwe awards ceremony president E. D Mnagwagwa warned businesses to desist from hiking commodity prices unnecessarily. Following a 10% hike in
Gvt sets soya bean price at $610 per tonne
Government has set the price for soya beans to be financed under the Presidential Input Scheme during 2017 /18 season at $610 per tonne, 22%
Bakers Inn opens new bakery in Bulawayo
Bakers Inn on Friday opened a half-a-million dollar bakery which will increase daily production output to 220 000 loaves per day from 120 000. Innscor
Dairibord interims results
Dairibord Holdings reported its results for the half year ended June 30, 2017 showing reduced losses from what was recorded prior year comparative. The food and
FML publish circular to acquire NicozDiamond
First Mutual has published a circular to shareholders with regards its plans to acquire the entire issued share capital of NicozDiamond Insurance Limited. FML also
African Sun returns to profitability in HY17
African Sun reported revenue growth of 17% to $21.01 million for the half year ended 30 June 2017. The growth is attributable to an 8%
Cost of living marginally up
The Zimbabwe Revenue Authority says its $3.8 bln revenue target for 2017 will not be negatively affected by the suspension of backdated Value Added Tax
Turnall reports loss for FY16, revenue down 41%
Turnall reported its result for the year ended 31 December 2017 showing 41% drop in revenue to $16.9 million down from $29 million prior year
CBZ reports flat half year results
CBZ reported its results for the half year ended 30 June 2017 showing a decline in profit before tax of $11.9 million from $12.1 million
RBZ creates fund to facilitate repatriation of ZSE foreign trades
The government has identified a new investor to revive operations at Zisco. Industry and Commerce Deputy Minister Chiratidzo Mabuwa told Business Chronicle in Bulawayo where
DPC sues failed banks’ executives
The Deposit Protection Corporation (DPC) has started taking legal action against shareholders and directors of banks whose institutions failed due to poor corporate governance. DPC
ZSE July trading update
Zimbabwe’s economy has continued to shrink, leading to growing unemployment and significant underemployment, an international research body has said. A recent Business Monitor International (BMI)