GRANITE producers are making frantic efforts to avoid a ban on exports to save their operations and jobs in the sector, businessdigest has learnt.President Emmerson Mnangagwa has tasked Industry minis...
INDUSTRY minister Mangaliso Ndhlovu says the flour milling arm of National Foods will not close shop after government addressed the concerns brought by the company, which had warned of imminent closur...
THE Zimbabwe Electoral Commission (Zec) has been taken to court by a Harare man, who is seeking an order to interdict the country's electoral management body from giving out prospective voters' person...
Edcon is considering closing its flagship Edgars store in the Johannesburg central business district (CBD) as part of a turnaround strategy to rescue the ailing retailer, BusinessDay reported.At a rec...
President Emmerson Mnangagwa has released details about his family that seem to suggest that he had children with First Lady Auxillia when he was still married to his first wife, Jayne, who died in 20...
Judicial manager for Harare's popular joint - Hotel Elizabeth - Shepherd Nhondova has called for a second creditors' meeting scheduled for March 28 as the process to place it under judicial management...
Milk processor, Dairibord Holdings Limited, will make a decision on the fate of its Malawi division in the next six months after the unit continued on a perennial loss making path.Finance director Mer...
Details:In terms of paragraph 3.83(b) of the JSE Listings Requirements and section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, shareholders are advised that the Company has received fo...
Details:In terms of paragraph 3.83(b) of the JSE Listings Requirements and section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, shareholders are advised that the Company has received fo...
ZIMBABWE Tourism Authority (ZTA) chief executive, Karikoga Kaseke has decried the closure of the Rainbow and Express hotels in Beitbridge, saying the development had left the border town with 219 inst...
President Mugabe yesterday said non-performing parastatals and State enterprises must be dissolved as they are stifling economic growth through perennial dependence on the fiscus.He said some ailing p...
THE Government has described as null and void the immediate closure of 251 private and independent training institutions over non-compliance with operational and registration statutes, conceding that ...
THE closure of Delta Corporation's Victoria Falls depot this week is likely to open floodgates for cheap imported beverages and negatively affect local dealers in the resort town, the local business c...
Listed beverages concern, Delta Corporation, is reportedly pressing ahead to close 15 customer collection depots (CCDs) as part of strategies to contain costs and rationalise operations.Sources said t...
Listed Dairibord Holdings Limited (Dairibord) plans to shut down its Gweru plant as part of strategies to contain costs and rationalise operations.This comes as the milk processor last year closed its...
A record 9 617 job losses and 75 company closures were recorded last year amid fears that the trend could escalate this year as the economy continues to shrink, the Zimbabwe Congress of Trade Unions h...
ALL public sector workers - including teachers, nurses, police officers and soldiers - may go without medical aid as the government has yet to renew the operating licence for Premier Service Medical A...
The punitive royalty charges leveled against mining companies is likely to result in the closure of more than 75 percent of gold mines in the country in the next three months, the Zimbabwe Chambers o...
Aico Africa is facing foreclosure and possible sequestration of its 50% SeedCo stake for loan guarantees it pledged on behalf of its subsidiary companies. The group guaranteed loans advanced to the Co...
SOUTH Africa-based minority shareholder activist Theo Botha has taken Zimbabwe Stock Exchange-listed Innscor Africa Limited management to task over the company's financial disclosures after it emerg...
New Dawn Mining revenue was adversely impacted by the closure of the Dalny Mine effective August 30, 2013, as well as the continuing decline in the price of gold during the quarter ended September 30...
TORONTO Stock Exchange-listed New Dawn says it might be forced to close its mining operations in Zimbabwe as a result of a fall in gold prices and its failure to obtain approval on an indigenisation...
Finance minister Tendai Biti has warned that 7 commercial banks exposed to local authorities may fold following Local Government minister Ignatius Chombo's directive for municipalities across the coun...
DE-INDUSTRIALISATION is affecting the whole country despite the misconception that Bulawayo is the only city being affected by the closure and relocation of firms to other towns, an official has sai...