The re-introduction of surtax on chicken and other goods to promote local producers has revived the local poultry industry with experts predicting further growth after imports declined significantly.L...
A local beverages manufacturer, Schweppes Zimbabwe says it will expand into the neighbouring countries following high demand for its products on the regional market.In an interview, Schweppes Zimbabwe...
Zimbabwe Post (Zimpost) has so far automated 51 offices as the postal services company moves to computerize its over the counter services.The postal company's automation project is nearing completion ...
THE government has started moves to re-open tube and wire manufacturer Lancashire Steel ahead of resumption of operations at NewZim Steel, a senior official has said.Government announced in October la...
THE Victoria Falls Safari Lodge has opened six safari suites following a recent increase in occupancy rate at the property.Chief executive officer of the award-winning Africa Albida Tourism (AAT), Ros...
INGWEBU Breweries recorded a 10 percent increase in sales during the festive season when the company was running a promotion to celebrate its 100 years of service and excellence.Speaking at the ...
A TANZANIAN firm, Bakhresa Group, is set to inject between $25 million and $40 million into grain milling and food processing entity, Blue Ribbon Industries, to revive the once vibrant company. Blue R...
Mwana Africa's cash cow, Freda Rebecca, registered a decline in output after a total of 13 072 ounces were produced during the quarter, representing a decrease of 25 percent over the previous quarter....
Mwana Africa's Nickel production rose 76 percent to 2 651 tonnes at Trojan Mine, a unit of Mwana Africa's 75,4 percent owned Zimbabwe Stock Exchange listed Bindura Nickel Corporation, compared to the ...
South African-based Tongaat Hulett, which wholly owns Triangle Limited - a company that was recently granted a temporary licence to deliver ethanol to the local market to shore up supplies - has court...
Major platinum miners in Zimbabwe have met a government deadline to agree and submit plans to build a major refinery in the country by the end of 2016, state media reported on Sunday.President Robert ...
Government plans to restructure the Industrial Development Corporation (IDC) as part of efforts to revive the country’s ailing industry. The corporation, wholly owned by government, plays a role of ...
Fixed telecommunications operator, Telone will invest $90 million in new projects particularly in data, managing director Mrs Chipo Mtasa said.Mtasa said the money was part of the company's budget set...
Econet Wireless Zimbabwe is under pressure to revise its position regards to the opening up of USSD gateway amid indications banks are planning not to transact with its banking unit Steward Bank on th...
Econet Wireless Global has acquired the 8.6% in its subsidiary Liquid Telecom held by JSE listed technology company Altron. In a statement to the Johannesburg Stock Exchange (JSE), Altron, which ...
Zimbabwe's deadline for the world's biggest platinum producers to submit plans for the construction of a refinery expired yesterday as it confirms its decision to ban raw exports of the metal by year ...
Zimbabwe's output of tobacco this year may exceed 2013's harvest as the number of farmers registered to grow the leaves surged 32 percent, the head of the nation's marketing board said."Although we do...
Six new Luxury Safari Suites were opened in December as a result of an increasing rate of tourist arrivals.Award winning AFRICA ALBIDA TOURISM (AAT) a hospitality group with hotels, lodges and restaur...
The Deposit Protection Corporation says it will immediately pay all Trust Bank depositors a maximum insurable limit of $500 per depositor from the Deposit Protection Fund.This follows the appointment ...
THE ZSE listed Willdale Limited has terminated its negotiations with a Chinese investor, the company has said.According to reports, the company planned to lease out its factory for five years as it in...
Zimbabwe's second largest cooking oil refinery, United Refineries, says it is now looking to revive exports, which would increase its capacity utilisation.The company has a refining capacity of 8 000 ...
STANDARD Chartered's private equity arm has taken a 13% stake in Botswana-listed supermarket chain Choppies Enterprises, hardly three months after the retail giant opened shop in Zimbabwe.Choppies Ent...
ZIMBABWE Farmers' Union (ZFU) has called on the Grain Marketing Board (GMB) to come up with competitive maize producer prices to promote local farmers.In an interview yesterday, ZFU vice-president Ber...
ZB Financial Holdings says plans to merge its bank and building society are at an advanced stage and the completion of the process is expected in the next few months.ZB Bank acting managing director, ...
Listed beverages maker Delta Corporation (Delta) says its lager beer volumes remain depressed, slumping 25% if compared to the 2012 quarter and 15% for the nine months to December 2013.The brewer - ab...