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
Zimre to offer 22 cents to CFI minorities
Zimre Holdings, through its investment vehicle, Stalap Investments, has made an offer to minorities of CFI Holdings as the battle to control the conglomerate escalates.
RioZim questions interest rate charges
Riozim Limited has decided not to honour an ostensible $4.5 million debt owed to AfrAsia Bank, which is presently in liquidation, after it emerged the
Colcom issues cautionary
Colcom today published a further cautionary statement relating to the Innscor’s intention to extend an offer to minority shareholders for the purchase of their Colcom shares in
Bindura FY17 results
Bindura released its results for the year ended 31 March 2017 showing an increase in turnover to $45.1 mln from $42.2 mln and flat profit
ZHL Q1 profits up 48%
General Beltings Holding’s revenue in the first quarter was 20% up on prior comparable period while overall total volume was static at 365 tonnes. Group
Liquid Telecoms is set to launch a $700 million bond
Liquid Telecoms is set to launch a $700 million bond and long-term financing package to support the group’s existing debt and growth strategy.The Pan-African telecommunications
RioZim losses battle on Trust Bank debt
RioZim Limited has lost its legal battle to have the loan it obtained from Trust Bank reduced to $500 000 from $1,8 million after the
Zimbabwe’s domestic debt at $4.3bln
Zimbabwe’s economy remains fragile with a precarious level of public debt during the year to March rising to over $11 billion, the Parliament Budget Office
Tobacco rakes in $470 million
Zimbabwe has earned $470 million from the sale of 161 million kilogrammes of tobacco since the 2017 selling season opened on March 15 this year. According to
ZPI’s executives take 30% pay cut as income drops
Zimre Property Investments rental income in the year to May decline 15% to $1.17 million on the back of downward reviews on rentals and increased
SI64 eases pressure on local players
Lafarge Holcim Zimbabwe said protection measures introduced by Government against cement imports last year have been instrumental in easing pressure on local players.The introduction of
NicozDiamond. FML issue separate cautionary statements
First Mutual Holdings Limited today issued a cautionary statement advising its shareholders that the Company is contemplating the acquisition of a controlling interest in a