BUSINESS NEWS

Masiyiwa 'former' lawyer's multi-currency regime challenge ruled not urgent

High Court judge Justice Joseph Musakwa has ruled as not urgent an application by businessman and lawyer, Tawanda Nyambirai who was seeking an order to interdict Finance minister Mthuli Ncube and Rese...

By Staff reporter | Published: 11 July 2019
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MINING & RETAIL

Miner lays contempt of court charge against Nyambirai

GOROMONZI miner Phillip Makanya has petitioned the High Court to charge businessman Tawanda Nyambirai with contempt of court for ignoring a court order barring him from interfering with his mining act...

By Staff reporter | Published: 19 December 2018
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BUSINESS NEWS

Nyambirai sinks $3m into beverage plant

TN Holdings has invested about $3 million in building a new factory for Mahewu and Mr Juicy as the diversified group seeks to grow its market in the beverages sector.The group's founder Tawanda Nyambi...

By Staff reporter | Published: 21 June 2018
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MINING & RETAIL

Nyambirai invests $12m into Arcturus Mine

Businessman Tawanda Nyambirai is set to invest $12 million in Arcturus Mine, which he acquired from Metallon Gold Zimbabwe, amid revelations he is planning further investments into mining with explora...

By Business Weekly | Published: 16 February 2018
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MINING & RETAIL

Nyambirai buys Arcturus Mine

Businessman Tawanda Nyambirai has snapped up Arcturus Mine from Metallon Corporation (Metallon).The London-listed firm placed Arcturus Mine under care and maintenance in the 2016 first quarter with mi...

By Staff reporter | Published: 04 December 2017
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FINANCIAL SERVICES

Why Nyambirai sold TN Bank

The sale of TN Bank to Econet Wireless in February 2013 generated frenzied speculation. It was claimed then, that Tawanda Nyambirai, the CEO of Lifestyle Holdings had fallen out with Strive Masiyiwa, ...

By Staff reporter | Published: 12 February 2014
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MINING & RETAIL

TN hits hard times

Diversified group, TN Lifestyle Holdings, has announced plans to close over 10 outlets by end of next month as the group scales down operations to reduce operational costs, the company has said. Accor...

By Staff reporter | Published: 31 January 2014
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INDUSTRIALS & ENERGY

TN Harlequin in major shutdown

FURNITURE retailer TN Harlequin is set to close down most of its factories and significantly reduce its workforce as the company respond to massive decline in demand for its products.Chief executive o...

By Staff reporter | Published: 19 November 2013
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MINING & RETAIL

Pelhams posts a $1,7m loss

PELHAMS Limited posted a $1,7 million loss for the year ended March 31, 2013 compared to a profit of $1,5 million for the same period last year due to liquidity challenges.In a statement accompanying...

By Business Reporter | Published: 09 July 2013
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