African Sun shuts down Beitbridge hotel

February 3, 2016

Hospitality group African Sun has closed its Holiday Inn Beitbridge Express Hotel citing prolonged loss-making by the facility, the company…

Zimbabwe working with World Bank on funding plan

February 3, 2016

Zimbabwe and the World Bank have stepped up efforts to hammer out a financing programme, which could see the southern…

Zuva reaping rewards of rebranding

February 2, 2016

Zuva Petroleum says it is already reaping the benefits of its rebranding exercise, with volumes up 10 percent as its…

Government tells farmers to destock as drought bites

February 2, 2016

Agriculture Deputy Minister Paddy Zhanda has urged farmers to destock after 7 000 cattle died in the south of Zimbabwe…

Cottco revenue falls 87 percent

February 1, 2016

Troubled Cotton Company of Zimbabwe (Cottco)’s revenue for the six months to September plummetted 87 percent to $2,3 million after…

TSL profit down 16 percent

February 1, 2016

Agro-Industrial concern TSL reported a 16 percent decline in profit after tax to $4.1 million in the full year to…

Mimosa output down 5 percent

January 31, 2016

Mimosa Mine’s output declined by four percent to 58 019 ounces in the three months to December compared to the year…

MDC-T calls on government to declare state of emergency to tackle food crisis

January 31, 2016

The Movement for Democratic Change has called on the government to declare a state of emergency to mobilise resources to…

CFI suspended from Zimbabwe Stock Exchange

January 30, 2016

Agro-industrial concern CFI Holdings was yesterday temporarily suspended from the Zimbabwe Stock Exchange to allow for the publication of audited…

PPC Zimbabwe cement sales down because of reduced construction activity

January 29, 2016

PPCZimbabwee cement sales decline on reduced construction activity  Regional cement producer Pretoria Portland Cement says the completion of major infrastructure…