Seedco, the leading seed producer in Southern Africa, intends to raise $30million to finance growth by listing its external operations across Africa and counter growing completion in regional market. ...
ETHANOL producer, Green Fuel has put on hold its $1 billion expansion programme as the current environment does not support the scale of investment, sources have said.The company, jointly owned by The...
TIME is running out for the Mines and Minerals Amendment Bill to be enacted into law as Parliament got into its last session last week ahead of next year's general elections.The proposed amendments ar...
ETHIOPIAN Airlines, Africa's largest airline group, in partnership with Flocash, a leading Pan-African provider of electronic payment services has enabled online mobile payments on its website to allo...
Zimbabwe is losing over $500 million worth of gold annually to smuggling due to lack of support to small scale producers, the country's sole gold buyer has said. Fidelity Printers and Refinery said th...
STATE mining vehicle, Zimbabwe Mining Development Corporation is hunting for $500 million required to revive its three copper mines together with a new smelter and refinery.ZMDC has three groups of Co...
MASIMBA Holdings has an active order book of $38,4 million for 2017 which is expected to grow the group's profitability this year. In an update for the first half of 2017, Masimba Holdings chief execu...
Tourist arrivals in Victoria Falls were up 21,6% in the first half of the year to 119 758 spurred by the growth in international arrivals, a new report has shown.In the same period last year, arrivals...
AIR ZIMBABWE is expected to take delivery of six small aircraft next month as Government heightens efforts to revive the struggling national flag carrier, our Harare Bureau has learnt.Under the deal, ...
Farmers have appealed to Government to mobilise harvesting equipment to make the operation easier and reduce losses.The farmers made the appeal during the tour of Command Wheat farms in Mashonaland Ea...
GOLD deliveries soared to almost 14,7 tonnes in the first eight months of the year, driven by a strong performance by small-scale miners, statistics reveal.Small-scale miners, who largely use rudiment...
THE Labour Court has given Air Zimbabwe (Pvt) Ltd a 60-day ultimatum to either reinstate or pay damages to 300 workers whose contracts were unlawfully terminated on three months' notice in 2015.Labour...
THE National Railways of Zimbabwe (NRZ) will be showcasing its top-end passenger services at this year's Sanganai/Hlanganani World Tourism Fair as part of efforts to promote tourism in the country.The...
BAKER'S Inn says it has increased its market share to about 48 percent from 42 percent across the country on the back of increased investment on plant upgrade and maintenance.Last month, the giant bre...
Iranian MPs yesterday described Zimbabwe's banking system as a hindrance to business and trade between the two countries, as it had become a nightmare to transfer money across borders.MPs from the Ira...
The pensions industry recorded total income of $112 million in the first quarter ended March this year attributable to contributions, rental and investment income, the sector regulator has said.The In...
Government is considering approaching the private sector to assist with storage facilities for wheat as the country's silos will filled with grain harvested during the 2016/17 summer cropping season, ...
AfriSam Group is confident its proposed merger with PPC Ltd has potential to create significant benefits for all shareholders and stakeholders."AfriSam and PPC have a proud collective business history...
LISTED clothing retailer, Edgars Stores Limited has maintained a sound financial position allowing the company to meet its short-term financial obligations driven by reduction in net borrowings and en...
GWERU-based poultry producer, Fairhill Chickens' production has plummeted by more than 25 percent owing to the highly pathogenic H5N8 avian influenza virus commonly known as bird flu, which broke out ...
THE Government will this summer cropping season avail a $20 million loan facility to support small-scale tobacco farmers.Agriculture, Mechanisation and Irrigation Development Minister, Dr Joseph Made ...
Sugar producer, Triangle Limited, has applied to the Zimbabwe Energy Regulatory Authority (Zera) for an independent electricity distribution licence covering its operations.In a recent notice, Zera sa...
LOCAL cement producer, PPC Zimbabwe, has invested over $120 million in different projects in Zimbabwe since 2009 and is looking forward to do more, managing director, Kelibone Masiyane has said.Masiya...
ZB FINANCIAL Holdings (ZB) has lauded the United States' decision to remove the institution from the sanctions list, saying the move re-opened avenues to work with other financial institutions across ...
Multi-national food and drink company, Nestle Zimbabwe, has embarked on a retrenchment exercise, as part of the company's "business optimisation activities".The exercise, which was voluntary, saw more...