Majoko says he could not revive CSC operations. His hands were tied

January 1, 2023

Bulawayo lawyer, Vonani Majoko, who was the corporate rescuer of the Cold Storage Company for more than a year until…

Chamisa springs a surprise – says CCC was formed but not officially launched

December 31, 2022

The Citizens Coalition for Change, which was formed almost a year ago and has contested 29 Parliamentary and 149 council…

Zimbabwe company stories that made headlines in 2022

December 31, 2022

In 2022, inflation remained high, the exchange rate was on steroids for long periods, lights went out often and Zimbabwe’s…

Netone loses 72 000 subscribers

December 31, 2022

Netone, the government-owned second largest mobile telephone operator in Zimbabwe, lost 72 106 subscribers in the third quarter of this…

Fight for CSC is more for its US$100 million assets than reviving operations

December 30, 2022

Boustead Beef, which entered into an agreement with the Zimbabwe government four years ago to revive the Cold Storage Company,…

Lithium prices will fall 25% in 2023 – Chinese investor says

December 29, 2022

Lithium is going to get less expensive in 2023, according to a Chinese supplier of the battery metal. Prices have…

Zimbabwe inflation down to 244% but MOM up

December 28, 2022

Zimbabwe’s annual inflation dropped by 11 percentage points in December to stand at 243.8% but month-on-month inflation rose from 1.8%…

Zimbabwe sets maize pre-planting price at US$335 a tonne

December 28, 2022

Zimbabwe today announced a pre-planting price for maize of US$335 a tonne this season in an effort to shore up…

The Cold Storage Company made a surplus of over US$5 000 under corporate rescue

December 28, 2022

The Cold Storage Company made a surplus of US$5 445 during the period that it was under corporate rescue but…

Zimbabwe ranked 11th most advanced country in Africa

December 27, 2022

Zimbabwe has been named the 11th most advanced country in Africa according to information compiled by Insidermonkey using the 2022…