AN avian flu outbreak at Irvine's in May cost the country's largest chicken producer $7,3 million, a shareholder has disclosed, saying the quarantining of affected sites and culling of birds to preven...
BINDURA Nickel Corporation (BNC) says volatile world nickel prices would continue to affect the company's operations after the US$12 000 per tonne rally of September again dipped to slightly over US$1...
LEADING producer and marketer of certified crop seeds, Seed Co, has revised its employee incentive programme.The company is now granting employees shares equal in value to the appreciation of the comp...
LAFARGE Cement Zimbabwe, a member of the Swiss-headquartered LafargeHolcim, last week reported declines in volumes and turnover for the half year ended June 30, 2017 but hopes major public infrastruct...
QUICK service restaurant operator, Simbisa Brands, is planning to acquire a United Arab Emirates-based fast-food group, as it seeks to boost its profile ahead of a planned London listing.The fast food...
THE High Court has allowed a businessman owed more than $2 million by Tetrad Investment Bank (TIB) to institute legal proceedings to recover the debt, despite the financial institution being under jud...
A STUDY of Zimbabwe's beef sector by the Competition and Tariff Commission (CTC) has revealed that farmers are getting a raw deal from other players in the beef supply chain, with retail outlets getti...
Canadian company, Caledonia Mining, the owners of Gwanda based Blanket Mine, has said it will keep its engagement with government confidential after the Ministry of Youth, Indigenization and Economic ...
Finacial institutions are considering retraining their employees to ensure they fit into a new business model that is largely inclined to electronic banking. This comes as banks are increasingly movin...
Zimbabwe is evaluating the feasibility of commercial rice production with a Government delegation expected to go on a familiarisation mission to Egypt to acquaint itself with technology and viable met...
Vodacom is aware that the Competition Commission has launched an investigation into Government's award to Vodacom to supply mobile communication solutions, premised on the alleged abuse of dominance. ...
Implementation of the Bulawayo-based RHA Tungsten project has received a major boost after diversified miner Premier African Resources raised £3,5 million for the project.The RHA Tungsten mine is 49 ...
The Commission has initiated an investigation against Vodacom Group (Pty) Ltd (Vodacom) for abuse of dominance after the company secured an exclusive contract with National Treasury to be the sole pro...
STANBIC Bank has called for greater uptake of insurance products in the country.The financial institution has since ventured into the insurance business noting that only a handful of Zimbabweans posse...
State mining entity, the Zimbabwe Consolidated Diamond Company (ZCDC), will this month begin conglomerate mining following the near depletion of alluvial diamonds at the Chiadzwa diamond fields.Financ...
The Minister of Women Affairs, Gender and Community Development, Nyasha Chikwinya says the much-awaited women's microfinance bank is now 85% complete.The first women's bank in the country set to provi...
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...
The Zimbabwe Tourism Authority (ZTA) has unveiled a Visit Zimbabwe campaign targeting three markets, in an ambitious bid to grow tourist arrivals.The campaign targets South Africa, China and Russia, Z...
Former employees of the defunct Zimbabwe Iron and Steel Company have received part of their outstanding salaries backdated to 2009 following an agreement with Government to settle their pay arrears in...
ZIMBABWE is working on a $56 million facility with the African-Export and Import Bank (Afreximbank) to support importation of fertiliser for the forthcoming agriculture season.The amount would be part...
ZIMBABWE'S largest platinum producer, Zimplats has realised $14 million in export incentives, the company revealed in its integrated annual report for 2017.The Reserve Bank of Zimbabwe introduced a fi...
THE Zimbabwe Farmers' Union (ZFU) has distanced itself from the recently-formed Federation of Farmers Union (FoFU), a supposed amalgamation of three farmers' unions.This came amid reports that three f...
INNSCOR Africa's bakery unit, Bakers Inn, seeks to increase its market share by 5% to 50% by the end of the year through its 2017 edition of Buy and Win promotion, which started running yesterday, an ...
ZIMBABWE'S ailing agricultural sector has received a timely boost after the European Union (EU) availed over $7 million towards funding the training of agricultural extension workers, as part of effor...
Dawn Properties' revenue for the six months to June 2017 jumped 23 percent to $2,278 million compared to $1,854 million on the back of improved performance from the group's hotel properties. The prope...