Bulawayo-based engineering firm Zeco Holdings Limited remains in the red after its loss-after-tax widened by 52% to $886 605 in the six months to June 30, 2019, despite undertaking cost-containment me...
CFI holdings Limited reported a profit-after tax of ZWL$7,2 million in the half-year to March 31, 2019, up from ZWL$2,1 million posted over the same period last year, driven by growth in earnings from...
Smartech Zimbabwe Limited (CSZL) says debentures held by the company's local shareholders will be valued in the local currency in line with recent monetary policy developments.In a statement accompany...
ARISTON Holdings Limited (AHL) says Cyclone Idai damaged the company's plantations in the Eastern Highlands, with early indications suggesting that the damage could be worth US$1,5 million."In March 2...
Half of ZB Financial Holdings Ltd's Treasury Bills (TBs) will mature in the current financial year and the institution will increase its stock of the paper as it becomes available, chief executive Ron...
CBZ Holdings Limited reported that its asset base grew to US$2,44 billion in the full year to December 2018 from US$2,1 billion in the previous year, making it one of the largest companies by asset si...
THE Industrial Development Corporation of Zimbabwe (IDCZ) has disposed of its shareholding in Almin Metal Industries and Stone Holdings as part of a restructuring process to be completed this year. Th...
WHAT has emerged from the hearings into the events of August 1 has shown that the setting-up of the commmission of inquiry was the right step in the circumstances.The hearings have amply demonstrated ...
ZIMBABWE Stock Exchange-listed First Mutual Holdings Limited (FMHL) will establish a reinsurance holding company in Botswana as it moves to restructure its business and maximise on initiatives to rais...
Police in Zimbabwe have banned the main opposition party from holding a protest outside the country's election commission as tensions rise days before a historic vote.The opposition MDC party planned ...
A complicated shareholding structure in Zimre Holdings Limited's regional subsidiaries is stalling the group's move to consolidate all of its operations in new offshore company, Emeritus International...
Listed property development firm, Mash Holdings says it is reviewing its land banks as a way of unlocking value for shareholders. The group's chairperson, Ron Mutandagayi said the company will maintai...
IDBZ has been embroiled in a shareholding wrangle after being dragged to the High Court by a man claiming to own shares in the financial institution. IDBZ is cited as a respondent while applicant is o...
CBZ Holdings Limited has appointed ormer Bancabc acting chief, Doctor Blessing Mudavanhu, as its new group chief executive officer.Dr Mudavanhu's appointment is with effect from June 1, 2018.He takes...
THE war pitting CFI Holdings Limited and the Zimbabwe Stock Exchange (ZSE) has taken a dramatic twist with CFI querying its suspension from the bourse when 28 other counters were in breach of the same...
IN the past week, the opposition and their surrogates were in a frenzied excitement over the recently held Zanu-PF primary elections.Their source of excitement was the few cases of hiccups in the proc...
Gweru-based property developer, TM Holdings, is now offering instant loans to people who are formally employed. The loans can be disbursed within 30 minutes of application. Chairperson of TM Group of ...
BUSINESSMAN Nicholas Vingirayi and his appointees to the Mash Holdings Ltd board - Mike Manyika and Michael Mahachi - were yesterday removed from the board at an annual general meeting (AGM) after sha...
Brick and tile manufacturer, Beta Holdings has come under heavy scrutiny after it failed to deliver products to customers for periods that at times span over six months. This comes as some customers c...
The Board of MMI Holdings has announced that Nicolaas Kruger will be stepping down as CEO of MMI Holdings with effect from 15 February 2018. This decision comes after a few months of discussions betw...
THE ZB Financial Holdings (ZBFH) group is headed for a split amid indications that one of its major shareholder, Nicholas Vingirai wants out.Vingirai, who through his Transnational Holdings Limited (T...
Property firm Mashonaland Holdings (Mash Holdings) says its revenues went down by 14 percent to $4,7 million in the full year to September 2017 due to company closures resulting in increased voids. Th...
ZESA HOLDINGS PVT LTD NATIONAL TRAINING CENTRE INTAKEApplications are invited from suitably qualified candidates to attend three year full time courses commencing 15 January 2018.National Certificate ...
The Confederation of Zimbabwe Industries (CZI) is calling for removal of the 10 percent VAT withholding tax levied on both manufacturers and distributors arguing it threatens the two sectors' viabilit...
On 27 July 2017 Messina Investments Limited ("Messina"), a major shareholder in CFI Holdings Limited ("CFI") published a notice in the press asserting that they and their associates and supporters own...