News

Beverage giant, Delta Corporation is likely to sell-off its sparkling beverages business, which bottles popular Coca-Cola brands, analysts say. Delta stands to lose a third of its business if The…

President Robert Mugabe’s term in power reportedly ends in 18 months but some of his lieutenants have already shipped their belongings abroad while others keep their bags packed ready to…

Horticultural firm, Nutriveg has been placed under final judicial management to help resuscitate operations and recover more than $11.7 million owed to its creditors. Nutriveg’s major creditor, MetBank voted to…

The Zimbabwe African National Union-Patriotic Front yesterday lifted its suspension on three former ministers and high-ranking party officials, Webster Shamu, Francis Nhema and Flora Bhuka. Secretary for Administration Ignatius Chombo…

The Insurance and Pensions Commission (IPEC) has deregistered two non-life insurance companies Heritage Insurance and Excellence Insurance for failing to meet the prescribed minimum capital threshold of $1.5 million. The…

Beverage manufacturer Delta Corporation yesterday reported revenue of $246.6 million, eight percent down on the prior year as most of its segments recorded lower volumes on the back of depressed…

Donald Trump has been elected the 45th president of the United States. Here's what his presidency could mean for Africa: Slowing economic growth Africa's economies are already struggling with the…

Agro-processing firm, National Foods Holdings today reported an 11 percent increase in volumes in the quarter to September 30, driven by an increase in demand for key products. Zimbabwe in…

Higher Education Minister Jonathan Moyo says Donald Trump’s victory in the United States presidential elections has shamed liberals and send them into hiding, but it could also spell crisis for…

The Zimbabwe Investment Authority (ZIA) says the perception of Zimbabwe as a highly corrupt country, coupled with economic and political instability make it difficult to attract foreign direct investment (FDI).…