News about Zimbabwe that you can use
Clothing retailer Edgars Stores has recorded a 22.3 percent jump in after-tax profit to $5.1 million for the 53 weeks to January driven by the group’s extended credit repayment facility and improved products.
(431 VIEWS)
President Robert Mugabe has fired warning shots on resettled farmers who are not using their land saying they could lose their farms if they are underutilising them and only using them as status symbols.
(515 VIEWS)
Astra Industries has reported a 24 percent growth in profit after tax to $2 million for the year ended December 31 buoyed by higher volumes in paints division.
(387 VIEWS)
Hospitality and retail group Meikles Limited has embarked on a retrenchment exercise targeting to offload more than 100 employees countrywide, workers representatives said on Friday.
(441 VIEWS)
Work on the Batoka Gorge Power Plant, a 1 600MW joint venture with Zambia, is likely to start in January next year if talks to raise finance for the project succeed, an official said on Friday.
(573 VIEWS)
Retrenchments quickened by nearly 40 percent in 2014, with nearly 4 000 workers retrenched across all sectors of Zimbabwe’s economy as company closures accelerated, the Reserve Bank of Zimbabwe has said.
(420 VIEWS)
Tongaat Hulett Zimbabwe is targeting to develop an additional 23 000 hectares as the company gears to increase sugar production in the country, a top company official has said.
(521 VIEWS)
Government-owned Mbada Diamonds has started small-scale mining of conglomerate and kimberlitic diamonds as alluvial stones continue to dwindle, mines minister Walter Chidhakwa has said.
(513 VIEWS)
