TSL expects poor performance as logistics units suffer from currency shortages

March 17, 2017

Agro-Industrial concern TSL said its half year performance will be impacted by the slowdown in the logistics cluster, with a…

Kwekwe puts loss-making brewery on the market, again

March 17, 2017

Kwekwe City Council has put its Simba Brewery on the market after admitting failure to turn around the loss-making operation,…

Sabi Gold Mine to reopen after $13 million deal

March 17, 2017

Commissioning of Sabi Gold Mine in Zvishavane has been set for the end of this month after a $6 million…

Indigenisation demands don’t apply to DHL, says minister

March 17, 2017

Logistics firm DHL International says it will expand its operations in Zimbabwe after receiving government assurance that key provisions of…

Schweppes Zimbabwe’s Best Fruits unit to set up $10 million plant in Matabeleland

March 17, 2017

The Schweppes Zimbabwe-controlled Best Fruit Processors will this year process 20 000 tonnes of raw fruit, two thirds of capacity,…

Axia profit down

March 16, 2017

Axia Corporation’s after tax profit in the half-year period to December 31, 2016, dropped 16 percent to $7.8 million compared…

PPC Zimbabwe’s new plant ideal for exports

March 16, 2017

PPC Zimbabwe says its newly installed plant in Harare is heavily automated and will lower production costs, allowing the company…

Tsvangirai to tour Mhondoro and Seke tomorrow

March 16, 2017

Movement for Democratic Change leader Morgan Tsvangirai is to tour Mhondoro and Seke tomorrow as part of his nation-wide tour…

CBZ puts $156 million in SMEs

March 16, 2017

Financial group CBZ Holdings says it has invested $156 million in small and medium-sized enterprises (SMEs) since dollarisation in 2009,…

The diamonds that Mujuru tried to sell

March 16, 2017

Former Vice-President and National People’s Party leader Joice Mujuru has vehemently denied that she dealt in diamonds and that there…