BUSINESS NEWS

Varun Beverages in expansion drive

Varun Beverages Zimbabwe is planning for further capacity expansion, which should see the beverages maker put more production lines in the country, as it seeks to meet growing demand for affordable be...

By Staff reporter | Published: 12 September 2023

CONSTRUCTION & PROPERTY

Lafarge to double capacity after launching US$25m expansion project

Lafarge has budgeted US$25 million for its expansion project which will double capacity by year-end 2022.  The expansion plan kicked off this morning at a ground-breaking ceremony for a Dry Morta...

By Staff reporter | Published: 11 March 2020

INDUSTRIALS & ENERGY

Hwange 7 & 8 expansion 21% complete

The Hwange Thermal Power Station expansion project is now 21 percent complete, with the first unit set to be commissioned by the end of the first quarter next year. This was said by Finance and Econom...

By Staff reporter | Published: 17 October 2019

POLITICS

Esigodini tollgate under expansion to ease Zanu-PF congestion

THE Ministry of Transport and Infrastructural Development is in the process of expanding the toll gate in Esigodini to ease traffic congestion during the Zanu-PF Conference to be held at Mzingwane Hig...

By Staff reporter | Published: 21 November 2018

LANDS & AGRICULTURE

SeedCo to raise $19,2m for regional expansion

Regional seed manufacturer Seed Co Limited seeks to raise $19 million through a partial unbundling, which will also result in separate listings of its regional operations. The seed producer wants to u...

By Staff reporter | Published: 18 July 2018

INDUSTRIALS & ENERGY

Preps for Hwange expansion underway

PRELIMINARY works for the $1,5 billion Hwange Thermal Power Station expansion project have begun with engineers already onsite undertaking geo-technical surveys and site clearance, an official said.La...

By Staff reporter | Published: 16 July 2018

BUSINESS NEWS

Power station expansion excites Hwange residents

PEOPLE from Hwange District are excited about the Hwange Power Station expansion project which they say is a game changer in the development of the district.President Emmerson Mnangagwa  on Wedne...

By Staff reporter | Published: 29 June 2018

BUSINESS NEWS

Mnangagwa to commission Hwange expansion project

President Mnangagwa is on Wednesday expected to preside over the ground-breaking ceremony for the expansion of Hwange Thermal Power Station, which is estimated to cost $1,5 billion.The expansion proje...

By Staff reporter | Published: 25 June 2018

INDUSTRIALS & ENERGY

Powerspeed expansion drive paying off

Profit for hardware retail chain Powerspeed Electrical Limited, for the half year to March 31, 2018 surged 252 percent to $2 million on product range expansion and availability. Turnover jumped 55 per...

By Staff reporter | Published: 12 June 2018

MINING & RETAIL

Hwange gets $1.4bn for expansion

Zimbabwe has closed a $1.4 billion funding project for a 600MW coal fired expansion project at Hwange, drawing on financing from China and other partnership with Standard Bank and Utho Capital among o...

By Staff reporter | Published: 05 June 2018

TELECOMS & TECHNOLOGY

Smart technologies will drive Africa's electrical expansion

The use of advanced metering technologies is steadily on the rise in Africa, but, to evolve the business models of the electrical utilities operating on the continent, utilities still need to harness ...

By Staff reporter | Published: 04 June 2018

INDUSTRIALS & ENERGY

Cafca bemoans forex shortage for expansion

Cable manufacturing company, Cafca says its second half year performance hinges on the availability of foreign currency, as it joins a slew of companies whose operations are being hampered by persiste...

By Staff reporter | Published: 29 May 2018

MINING & RETAIL

Vast mulls Zimbabwe expansion

AIM-listed mining company Vast Resources (Vast) says it plans to invest significantly in its operating mines in Zimbabwe and Romania.This was after the miner, which operates Pickstone-Peerless Gold M...

By Staff reporter | Published: 10 May 2018

TELECOMS & TECHNOLOGY

MTN, Ecobank target Africa expansion

MTN and Ecobank are forming task teams to identify the most appropriate financial services products for each of the 13 African markets they plan to target jointly.MTN signed an agreement with the Nedb...

By Staff reporter | Published: 02 May 2018

MINING & RETAIL

Caledonia plans Zimbabwe expansion

Caledonia Mining plans to buy gold assets in Zimbabwe and increase its stake in the Blanket mine after the removal of the country's tough ownership rules.Keen to attract investment to revitalise the c...

By Reuters | Published: 23 April 2018

BUSINESS NEWS

Beitbridge expansion an environmental time bomb

Beitbridge municipality has been cautioned against the continued expansion of residential settlements west of Dulivhadzimo, as this is threatening the town's supply dams.An environmentalist said the w...

By Staff reporter | Published: 03 April 2018

INDUSTRIALS & ENERGY

Simbisa expansion tipped to bear fruit

Quick service restaurant operator Simbisa Brands' decision to buy Dubai-based firm Food Fund will help unlock shareholder value, market experts have said. This was after Simbisa, which has restricted ...

By Staff reporter | Published: 20 February 2018

TRANSPORT & TOURISM

RTG mulls expansion

LISTED hospitality group Rainbow Tourism Group is aggressively looking for expansion opportunities on projected growth in room demand after recent political developments that have brought a new ray of...

By Staff reporter | Published: 19 February 2018

MINING & RETAIL

Zimasco to invest $80m in expansion projects

Zimasco will invest an estimated US$80 million in new furnace smelting capacity in the medium-term as part of the mining giant's expansion plans, a company official has said.Company spokesperson Clara...

By Staff reporter | Published: 16 February 2018

BUSINESS NEWS

Fortwell Wholesale on expansion drive

BULAWAYO-BASED wholesaler, Fortwell Wholesale has set sights on expanding its product range next year as it forges ahead to become a one-stop-shop for consumers.Fortwell Wholesale general manager corp...

By Staff reporter | Published: 17 December 2017

BUSINESS NEWS

Expansion of border post at Beitbridge on ice

Cabinet has raised concerns over investors shortlisted for the multi-million dollar upgrading of Beitbridge Boarder Post, potentially putting on ice Zimbabwe's plans to improve movement of vehicle tra...

By Staff reporter | Published: 06 October 2017

INDUSTRIALS & ENERGY

Green Fuel's $1bn expansion project on hold

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...

By Staff reporter | Published: 22 September 2017

MINING & RETAIL

Zimplats competes Ngezi Phase 2 expansion project

ZIMBABWE'S largest platinum producer, Zimplats, says Ngezi Phase 2 expansion project is almost complete and is expected to start production next year.Implats' Zimbabwe unit said $458 million has been ...

By Staff reporter | Published: 05 September 2017

INDUSTRIALS & ENERGY

Pump and Steel in expansion drive

BULAWAYO-headquartered Pump and Steel Supplies Company has spread its wings to Harare where it has opened a new branch as part of its expansion drive.The firm's human resources manager, Mr Ernest Jack...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Vic Falls gets boost from airport expansion

THE expansion of the Victoria Falls International Airport has seen global arrivals increasing by 25 percent in the first half of this year, but industry players say there is need for government to ens...

By Staff reporter | Published: 03 August 2017
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