News

Buhera South Member of Parliament Joseph Chinotimba says Zimbabwe’s Parliament must introduce breathalysers to make sure that legislators who come into the House are not drunk because most MPs are…

PPC Zimbabwe says it is currently operating at a “less than ideal capacity utilization” due to reduced activity in the economy, but remains confident of a positive turnaround in the…

Mabvuku-Tafara legislator James Maridadi says there is no way Zimbabwe can curb corruption and revamp the economy as long as some businesses are being protected by senior people in government.…

Agro-Industrial concern TSL said its half year performance will be impacted by the slowdown in the logistics cluster, with a sharp drop in volumes for its distribution and general cargo…

Kwekwe City Council has put its Simba Brewery on the market after admitting failure to turn around the loss-making operation, Mayor Matenda Madzoke has said. “As the local authority we…

Commissioning of Sabi Gold Mine in Zvishavane has been set for the end of this month after a $6 million investment by a private company and government arranged a $7…

Logistics firm DHL International says it will expand its operations in Zimbabwe after receiving government assurance that key provisions of the controversial indigenisation policy had been scrapped. The Minister of…

The Schweppes Zimbabwe-controlled Best Fruit Processors will this year process 20 000 tonnes of raw fruit, two thirds of capacity, and will set up a $10 million plant in Matabeleland,…

Axia Corporation’s after tax profit in the half-year period to December 31, 2016, dropped 16 percent to $7.8 million compared to $9.4 million in 2015, largely on increased operational costs.…

PPC Zimbabwe says its newly installed plant in Harare is heavily automated and will lower production costs, allowing the company to export into the region. The cement manufacturer last November…