BUSINESS NEWS

Brainworks pioneers JSE main bourse listing

Brainworks Limited on Friday broke new ground after it became the first Zimbabwean company to have a primary listing on the Johannesburg Stock Exchange. Brainworks has subsidiaries in real estate (Daw...

By Staff reporter | Published: 16 October 2017
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BUSINESS NEWS

Pioneer Transport secures investor

Pioneer Transport, a former Unifreight subsidiary, has secured an investor, Lamcent Capital Pvt Ltd as it seeks to enhance its operations. The transport company last week commissioned 10 trucks as par...

By Staff reporter | Published: 22 August 2017
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TRANSPORT & TOURISM

Pioneer Transport revenues stagnant

PIONEER Corporation Africa revenues for the five months to May 2014 were stagnant with the group's performance weighed down by poor performance at Pioneer Transport.Chief executive officer Mr Gary Smi...

By Conrad Mwanawashe | Published: 27 June 2014
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TRANSPORT & TOURISM

Pioneer revenue to increase by $21m in FY14

Pioneer Corporation's revenue is expected to increase by at least $21 million in 2014 after the incorporation of the business assets and liabilities of Unifreight Limited in December 2013, group actin...

By Staff reporter | Published: 31 March 2014
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TRANSPORT & TOURISM

'Unifreight won't offer Pioneer minorities'

Unifreight Limited will not make a mandatory offer to minority shareholders of Pioneer Corporation Africa, in line with Zimbabwe Stock Exchange rules, as Zimbabwe's equity laws don't allow foreigners ...

By Staff reporter | Published: 26 March 2014
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TRANSPORT & TOURISM

Pioneer CEO steps down

The Board of Directors of Pioneer Corporation Africa Limited has announced the resignation of Albert S. Ushe as Group Chief Executive Officer with effect from 28th February 2014. Having completed tw...

By Staff reporter | Published: 18 March 2014
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TRANSPORT & TOURISM

Pioneer banks on Unfreight

TRANSPORT and logistics firm Pioneer Corporation Africa is pinning its hopes on newly acquired fellow industry player Unifreight Limited to help double revenue once Government approval of the transact...

By Staff reporter | Published: 30 September 2013
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TRANSPORT & TOURISM

Pioneer submits updated indigenisation proposal

PIONEER Africa Corporation has submitted an updated compliance proposal of its indigenisation plan and is now waiting for Government's response.Group chief executive officer of Pioneer Corporation Mr ...

By Staff reporter | Published: 16 September 2013
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TRANSPORT & TOURISM

Pioneer waiting for Unifreight purchase approval

Pioneer Corporation Africa is awaiting final approval for the Unifreight transaction which is expected in the next few weeks.Pioneer CEO Albert Ushe told the company AGM this morning that the purchase...

By Staff reporter | Published: 28 June 2013
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