News

Innscor Africa Limited shareholders have approved the unbundling of its retail and distribution business through a dividend in specie which will pave way for the separate listing of the unit…

Tobacco processor Boost Africa says it expects a 47 percent increase in tobacco deliveries after increasing the number of farmers under its outgrower scheme by 50 percent. The local company,…

Hotelier African Sun Limited says it has so far refurbished the Elephant Hills Hotel under a reorganisation of its portfolio under management of the Legacy Group of Hotels. In September…

The National Railways of Zimbabwe (NRZ) says will sweat its real estate and property assets to raise capital to finance immediate needs, but expects to find a strategic partner by…

Beverage manufacturer Delta Corporation has reported a 12 percent decline in annual profit to $80 million, after revenue fell seven percent as consumer spending remains under pressure. Revenue from continuing…

National Railways of Zimbabwe (NRZ) workers have refused to end their strike after the government paid them $3 million, about four percent of the $68 million they are owed in…

National Railways of Zimbabwe (NRZ) workers have refused to end their strike after the government paid them $3 million, about four percent of the $68 million they are owed in…

Zimbabwe’s tax agency says net revenue collections in the first quarter of the year were 16 percent below target at $724 million, as most tax heads underperformed in the struggling…

Finance Minister Patrick Chinamasa yesterday finally delved into the debate on the proposed introduction of “bond notes” defending the legality of the move while promising that government will not overstep…

Zimbabwe’s business leaders have asked the central bank to shelve its plan to introduce domestic “bond notes”, voicing their distrust of government methods of dealing with an acute cash shortage…